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Stock impact report

Foot Locker's Revamped Loyalty Program Targets Sneakerheads and Deal Finders Alike [Yahoo! Finance]

Foot Locker, Inc. (FL) 
Last foot locker, inc. earnings: 2/28 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
Flo Milli Stars in Foot Locker's Latest 'Start With Sneakers' Campaign Amid WNBA Mania, Foot Locker Says It's Gaining Female Consumers in Basketball Foot Locker has rolled out a refreshed loyalty program as the company looks to grow annual sales to more than $9.5 billion by 2028. The reinvigorated FLX Rewards program, which launches across the U.S. on Tuesday, allows members to accrue points towards future purchases and provides access to exclusive products, free returns and upgraded birthday gifts. The program featured three tiers of membership levels to engage with a wider swath of consumers outside of the traditional sneakerhead lane. As such, Foot Locker is targeting 50 percent loyalty penetration by 2026 with a long-term goal of 70 percent. “The program will continue to engage that core sneakerhead consumer with the benefits of product access and these once-in-a-lifetime sneaker experiences,” Foot Locker's chief customer officer Kim Waldmann told FN in an interview. “B Show less Read more
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