Thursday, April 3, 2008

Online sales continue to trample catalog sales at Foot Locker - Internet Retailer

E-commerce was the sales leader for Foot Locker Inc. in 2007. Internet sales at the multi-channel athletic footwear and apparel retailer increased by 6.3% to $287 million in 2007, up from $270 million the prior year, whereas catalog sales fell by 30%, or $33 million, to $77 million in 2007 from $110 million in 2006.

A trend also identified in 2007 at numerous catalog companies in the US who have launched their e-commerce business in the early 2000s. - Daily News for Wednesday, April 2, 2008

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