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Foot Locker Spurs Growth, Retailers Brace For COVID-19 Restrictions; Victoria’s Secret, Bath & Body Works Diverge

Foot Locker acquires two small retailers to boost its growth. Plus, digitized retailers could quickly pivot if COVID-19 restrictions are reinstated, and Victoria’s Secret and Bath & Body Works chart their own paths.

Data:

80%: Share of WSS sales that come from loyalty program members.

60%: Portion of Atmos sales made through digital channels.

7M: Drop in the number of workers on payrolls today vs. February 2020.

92%: Share of shoppers who have recently placed online orders.

$71B: Total value of the bath and body market, according to Bath & Body Works.

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