Foot Locker Announces Plans To Bring Footaction To A Close

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Foot Locker Announces Plans To Bring Footaction...
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This week, Foot Locker Inc. publicized their 2021 first-quarter earning report outlining their strategy for the remainder of the year. In the report, Foot Locker CEO and Chairman Dick Johson stated to convert a third of Footaction stores into “existing banner concepts,” i.e., Footlocker and Champs Sports, with the remaining stores set to dissolve within the two years. On the earnings call, Johnson goes into more detail.

“We are currently in the process of assessing the Footaction fleet to determine the best...


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