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cover of episode Price and Quality are Not Enough: Foot Locker's Ken Hicks

Price and Quality are Not Enough: Foot Locker's Ken Hicks

2024/12/25
logo of podcast Wisdom From The Top with Guy Raz

Wisdom From The Top with Guy Raz

Shownotes Transcript

When Ken Hicks took the helm as CEO of Foot Locker in 2009, the company was on the brink: the economy was in shambles, sales had cratered by nearly a billion dollars, and the decline of indoor malls spelled further doom. But within three years, Hicks led Foot Locker to a stunning $2 billion rebound. His strategy? A renewed focus on storytelling—connecting the brand to customers in a way that transcended price tags and products.