People carry Foot Locker bags outside Macy's Herald Square as the city moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City. Phase 2 permits the reopening of offices, in-store retail, outdoor dining, barbers and beauty parlors and numerous other businesses. Phase 2 is the second of four-phased stages designated by the state./Credit: Noam Galai/Getty Images
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Foot Locker is booming as people spend their stimulus on sneakers
Consumers have more money in their pockets thanks to government stimulus checks — and apparently many are using it at malls and online to buy new sneakers, which is good news for Foot Locker.
