Athletic shoe sales drag down Footstar earnings
05/09/2002
"Sales were particularly disappointing at Footaction, where the soft trends we saw in July continued for most of the month of August," Mickey Robinson, chairman and chief executive, said in a statement.
"With the slow start to the back-to-school season, our focus in the upcoming months will be to aggressively manage our inventories, especially at Footaction," Robinson said.