THE FINANCE GHOST: Why Foot Locker remains a no-moat business

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

This temple to sneakers is increasingly menaced by players like Nike, who want to own each aspect of a shoe sale. But the company is digging in, writes FinanceGhost.

As the world’s best consumer brands focus on direct-to-consumer strategies, a Foot Locker-style business model looks increasingly like a dinosaur. This “house of brands” is a typical sneaker and apparel store that pits Nike against adidas and New Balance on the shelves. It even sells Crocs, a company whose success remains an absolute mystery to me.

Groups such as Nike don’t want you to shop at a “house of brands” — they want you to shop for Nike products only, without being tempted by a competitor’s offering. Nike prefers you to buy shoes online or on an app, so it can learn more about you and give you special offers. By capturing the wholesale and retail margin, Nike maximises profits on each sale and can give some of those back as loyalty discounts and the like...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

FinanceGhost You're indeed a great woman,I never expected this from you,i assure you that I will bring more clients to your crypto company because of what you've done in my life,I promise to let the word know about you. Your work speaks volumes of the kind of a woman you are GregoryLillian5

FinanceGhost l have no idea on Bitcoin but I'm currently earning R67,458.67 weekly with R15,000 start up Capital, I'm happy to invest with Gabriel_FOS1 i just pulled out my profit,i highly recommend her to those interested Gabriel_FOS1

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

THE FINANCE GHOST: Why Foot Locker remains a no-moat businessThis temple to sneakers is increasingly menaced by players like Nike, who want to own each aspect of a shoe sale. But the company is digging in, writes FinanceGhost.
Source: FinancialMail - 🏆 20. / 63 Read more »

THE FINANCE GHOST: Why Foot Locker remains a no-moat businessThis temple to sneakers is increasingly menaced by players like Nike, who want to own each aspect of a shoe sale. But the company is digging in, writes FinanceGhost.
Source: FinancialMail - 🏆 20. / 63 Read more »

PC business remains essential, says HP execTechnology firm HP readies to capture the ‘huge’ growth opportunity in the personal systems business, says head of PCs. HP gaming computing channel
Source: ITWeb - 🏆 45. / 51 Read more »

PHANTOM SHARES: The Finance Ghost: Mining, mining everywhere – and lots of cash for some, but dry news for othersInvestors in the mining and resources sector have been kept extremely busy recently, as were investment analysts who couldn’t have had much sleep. This is a whirlwind summary of the biggest releases.
Source: dailymaverick - 🏆 3. / 84 Read more »