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Foot Locker is getting clobbered today. The stock fell a whopping 25% after posting quarterly results that were far below expectations. Yahoo Finance’s Jen Rogers, Andy Serwer, and Seana Smith debate the future of retail.
Deere, Foot Locker, Nike, Under Armour, Gap, Calpine and Infosys are among the stocks to watch.
Well, actually, no, we can't, can we? Foot Locker's stock price fall, that drop in traffic for those expensive branded sneakers, is exactly why we do run a market economy--no other method of economic organisation could possibly tell us what we want to know, who wants what?