The obsession with Michael Jordan (and his sneakers) shows no sign of abating
Foot Locker is thriving. In a business update on Aug. 10, the sneaker retailer reported its comparable store sales, including sales at stores open at least a year and its online sales, were up about 18% compared to last year in the quarter through Aug. 1. Foot Locker has a strong e-commerce business too, which kept sales flowing to shoppers stuck at home.