Footlocker Raises Forecast, Shares Jump 16 Percent — Retail Bum

Foot Locker has raised its annual forecast on the heels of strong Thanksgiving week sales and continued progress on its growth plan.

The company saw strong online and in-store sales and an increase in the total amount shoppers spent and the number of products they bought. It also saw shoppers willing to pay full price for new, compelling, and trendy…