Foot Locker Announces Growth Plan
Foot Locker announced a multipronged strategy to increase market share and grow sales to $9.5 billion by 2026. Called the “Lace- Up” plan, the strategy will diversify its portfolio, launch new store formats, maximize its loyalty program, and invest in technology to improve the customer experience.
Part of the growth plan involves the revived Nike partnership, focusing on key audiences like basketball, kids, and sneaker culture. Foot Locker also plans to share data and insights with Nike to grow both brands.
Turkish Airlines Opens New Lounge at JFK
Turkish Airlines debuted a new lounge at the John F. Kennedy International Airport (JFK). The new lounge compliments the airline’s three daily flights between JFK and Istanbul International Airport.
The lounge brings the comfort, hospitality, and design of Turkish Airlines to travelers before they get onto the plane. The new lounge will accommodate business class passengers, Elite and Elite Plus Miles&Smiles cardholders, Star Alliance Gold members, and Corporate Club cardholders.
Women Grocers of America Invests in Emerging Leaders
Women Grocers of America will launch the Emerging Female Leaders Network. The network will allow women leaders in the grocery industry to grow their professional network and accelerate their leadership development through sharing with each other.
The goal of the network is to increase representation of women leader within the industry and boost mentorship of emerging leaders. The network will help increase diverse representation within the National Grocers Association.
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