The Business Method: Interviewing Billionaires, Billion Dollar Founders & the World’s Most Successful People 🎧🔥 cover image

Ep.514 ~ Leadership, Mindset, Commitment & Balance From the CEO of Foot Locker ~ Lew Kimble

The Business Method: Interviewing Billionaires, Billion Dollar Founders & the World’s Most Successful People 🎧🔥

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Strategic Turnarounds in Athletic Retail

This chapter explores the strategic challenges of revitalizing underperforming businesses in the athletic industry, focusing on Foot Locker's experiences in Europe and Asia. It highlights the balance between promotional efforts and profitability while addressing the need for cultural shifts and team motivation. Additionally, the chapter discusses the company's evolving real estate strategies in response to changing consumer behaviors and market expectations, emphasizing the decisions between leasing and owning retail spaces.

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