The outdoor industry emerged from the recession feeling pretty good about itself. Buttressed by The North Face Denali jackets and Ugg boots, they sailed through tough economic times relatively unscathed. Now that they were feeling a little economic wind at their backs, it was time to expand the breadth of their offerings and be bold in buying plans.

A year later, they are not so sure.

One major concern here is the general economy and, in particular, the recent Washington circus on the federal debt. Foot Locker’s customer may not have paid much attention to the headlines, but the older, suburban customers ... Log in to view full article.