OPMar 2, 2022·edited
free worldur dumb if u believe this
the allocation process to move to shipping only would probably do more harm than good
https://sneakernews.com/2022/03/02/nike-foot-locker-update-2022/
google.com/amp/s/www.barrons.com/amp/articles/foot-locker-stock-nike-51646160012
She said where she really believed Foot Locker had an advantage was in its global distribution. She said that Nike’s choice to reduce the amount of its products it sells via undifferentiated retailers was unexpected, noting that on Nike’s earnings call back on Dec. 12, the company said it was only 50% done with the project.
For the full year of 2022, Nike products, which includes Converse, are expected to shrink to 60% of Foot Locker’s mix, down from 70% for 2021 and 75% for 2020, McShane said.
It’s obviously not happening overnight, they’re phasing it out as they continue to build out their own distribution and entail presence
Nike will account for about 60% of total purchases in 2022, down from 70% in the past year and 75% in 2020, Foot Locker said.
They’re shrinking by an accelerated rate every year. Most of retail is moving to DTC strategies because of supply chain and raw input price increases
Mar 2, 2022lol what
Mar 2, 2022well i shop online anyway
- Mar 2, 2022
This is dope, haven’t been to a footlocker in at least 5 years
Mar 2, 2022I religiously don’t wear Nike the brand screams trash
Mar 2, 2022BirdieEnd of an era — wild
RIP
Nike is moving to a direct to consumer model so all these retailers suddenly became way less relevant
Wonder if it will be easier to cop as a result since it’s all coming from one source
- Mar 2, 2022
OR if nike will die out in relevance in the fashion because it’s easier to obtain
Mar 2, 2022I hope not cause I always need my all white ones on short notice
Mar 3, 2022They aren’t completely removing all Nike products from their store
Mar 3, 2022Haven't gone into a show store jn years.
Mar 3, 2022BirdieNike probably is expanding its retail presence long term
Nike hasn’t made a positive move in 3 years f*** em
- Mar 3, 2022
POOM POOM DOOMIt's f--k Stock-X forever btw.
Club full of dorks
Tell them niggas i said eat a d***
Mar 3, 2022Cut the middleman
- Mar 3, 2022·1 replyspace0cadet
This. It's a completely different experience going into a store rather than just clicking a f***ing button
Sneaker culture is dead 😔
Why don’t people want to have cool stories and stuff that goes with coping shoes 😔
Niggas think it’s cool to just press a button a day after release and pay 700 for some mid 😔
Or they go one dhgate and cop the fufu ones 😔
- Mar 3, 2022wusgood
Nah, once they pass the bill that makes it illegal to use bots then it’ll stop it significantly
That’s a thing
Niggas going to congress about sneaker bots
- Mar 3, 2022·1 reply
Bigj713281Reselling between 2016-2017 was the goat. Footlocker champs and footaction apps always guaranteed a pair from each store basically. I remember every Saturday hitting up the mall going to each store then get a chick fil a biscuit at food court while I waited on buyers to come through and pick up their pairs. I wouldn’t even sell them that high to people because these apps had a 20 dollar coupon you could use so it was a win win for everybody. Now the new app sucks you can’t hit on s***. most of the releases come late now so you have to basically live at the mall to try to get a pair. Snkrs app sucks too and these local boutiques like social status like a ma maniere who act like they’re the greatest activist ever have s***ty workers who back door to people they know
a ma maniere people mad pretentious and corny
Hate those type of stores
Mar 3, 2022their business model with small drops but way more often convincing hypebeasts its a rare commodity must be working
Mar 3, 2022·1 replyNew Balance is on the come up
- Mar 3, 2022
plantsif they really pulling all products from all retailers this seem like a such a dumb decision
it aint a nike shop in my entire state so sales of anything outside of dedicated sneakersheads gon plummet
They just gone have the BS and essentials like forces and Vapormax
Basically footlocker not getting anything hype
- Mar 3, 2022
synDawg what, u tellin me i cant get no forces at the locker no more
Pretty much all they’ll have is forces and Mexican jordans
- Mar 3, 2022KayTray
New Balance is on the come up
🤝
They’ve been doing everything right that none has been doing wrong
They just have to stay the course and keep putting out heat
- Mar 3, 2022
wow
wow
wowowowowowowowowowow
- Mar 3, 2022
this is huge
malls are officially extinct
- Mar 3, 2022Princeintheclub
a ma maniere people mad pretentious and corny
Hate those type of stores
Right like dude you’re a sneaker store you’re not changing the world. Their stores are nothing how they portray themselves on ig
Mar 3, 2022·1 replyWtf so I can’t go to a foot locker and get a pair of AF1s anymore
