Here come the retailers. After a string of positive consumer data showing confidence at a five-year high and decent same-store sales in October, many of our nation's top retail chains are set to report third-quarter earnings results this week. Forecasts from retailers like Wal-Mart and Target are arguably the best gauges of consumer strength now and the jam packed earnings lineup is sure to bring more clarity moving forward.

The referees at Foot Locker (NYSE: FL) have called a time-out to update their strategic plan and revise the general 2012 outlook on the company. The athletic retailer surprised researchers at its analyst meeting on Tuesday, March 6, by stating that FL earnings can potentially double over the next five years.

Foot Locker, Inc (NYSE:FL) is a global retailer of athletic footwear and apparel. As of January 29, 2011, the Company operated 3,426 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand. Foot Locker, Inc achieved its new 52 week high price of $26.38 where it was opened at $25.92 UP 0.04 points or +0.15% by closing at $26.03.