Retail Focus 5/25/19 – Best Buy’s Earnings; Where Foot Locker Sees Growth

We lead with Best Buy earnings, mostly to discuss their Best Buy 2020 initiatives and their new rent-to-own program rolled out in the first quarter. From there, we touch on two mall retailers heading in different directions. First, Foot Locker, whose Champs Sports brand is seeing remarkable success, and then The Buckle, whose price points are headed downward in an effort to win back customers. We close the show by discussing Target’s call as well.