Sportswear Retailer Foot Locker $FL Crushed 21% After Earnings Miss

#11283
Assistanc3
Participant

I wouldn’t hold stock in any business that is inside a mall
really is plain and simple, even if it is doing “well” now, the only question is ..when will the internet find a way to replace it.

Here in Canada, we had a slew of companies declare bankrupt over the past 5 years or so, they were women’s clothing and shoe stores.

If you don’t think things are still getting worse, ask urself this

How is it a Goodwill store goes bankrupt? Is the economy so good that people can afford higher end clothing?

Goodwill of Southern Nevada files for Chapter 11 bankruptcy

http://www.ktnv.com/news/goodwill-of-southern-nevada-files-for-chapter-11-bankruptcy