News on Foot Locker Inc.

Foot Locker sets new strategy, financial plan

2010-03-09T12:00:21Z

<div id="subtitle">Foot Locker sets strategic and financial goals to improve business</div><div><p>Athletic shoe and clothing chain Foot Locker Inc. set a series of strategic and financial goals on Tuesday that it said will help it grow and build on recent improvements to its business.</p><p>The company said it plans to reach annual sales of $6 billion and net income margin of 5 percent over the n...

Foot Locker turns to profit, cites sales gains

2010-03-03T15:30:52Z

<div><p>SAN FRANCISCO (Reuters) - Foot Locker <FL.N> on Wednesday posted fourth-quarter adjusted earnings that fell a penny short of Wall Street estimates, but beat on revenue and cited a same-store sales increas...

Foot Locker to cut 120 jobs, close 117 stores

2010-02-22T23:26:53Z

<div id="subtitle">Foot Locker to cut about 120 jobs, shut 117 of its stores in the 4th quarter</div><div><p>Foot Locker Inc. said Friday it plans to cut about 120 jobs and to have closed 117 stores by the end of this month as it looks to become a more efficient and competitive business.</p><p>The footwear and accessories company also said it will co...

Foot Locker to close 117 stores, cut 120 jobs

2010-02-22T23:33:21Z

<div><p>SAN FRANCISCO (Reuters) - Foot Locker &lt;FL.N&gt; said it was consolidating its management team, cutting jobs and closing 117 stores this quarter as the athletic shoe retailer reorganizes its business under its new chief executive officer.</p>&a...

Holiday Shopping Notebook

2009-12-10T11:45:42Z

FILE - In this Nov. 27, 2009 file photo, Foot Locker is offering layaway for shoppers at Westfield Southcenter Mall in Tukwila, Wash., through Dec. 27, 2009. Retailers are pushing come-ons from expanded hours and deals to musical performances, in hopes of bringing back frugal shoppers in the sales lull that typicall follows the Thanksgiving weekend bargain blitz.(AP Photo/Stephen Brashea...

Black Friday Holiday Shopping

2009-11-28T09:30:37Z

Foot Locker was the only store offering layaway for shoppers at Westfield Southcenter Mall in Tukwila, Wash., near Seattle Friday, Nov. 27, 2009 (AP Photo/Stephen Brashear)

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Foot Locker posts 3Q loss on charge, sales drop

2010-02-24T03:06:04Z

<div id="subtitle">Foot Locker moves to a loss in 3rd-qtr as sales fall, it writes down assets by $22M</div><div><p>Athletic shoes seller Foot Locker Inc. on Thursday reported a loss for the third quarter as consumers spent less at its stores and it wrote down the value of its assets by $22 million.</p><p>The company, based in

Foot Locker gives CEO the added title of chairman

2010-02-24T03:40:49Z

<div id="subtitle">Foot Locker board gives CEO Ken Hicks additional title of chairman as he succeeds Serra</div><div><p>Sneaker seller Foot Locker Inc. said Wednesday that its board has given CEO Ken Hicks the additional title of chairman, effective Jan. 31.</p><p>Hicks, who is 56, succeeds BANGALORE (Reuters) - Both athletic shoe retailer Foot Locker Inc &lt;FL.N&gt; and Hibbett Sports Inc &lt;HIBB.O&gt;, which sells athletic shoes in addition to other sporting goods, ...

kidz in the hall

2009-03-18T23:13:43Z

Jabari Evans aka Naledge and Michael Aguilar aka Double-O Kidz in the Hall launch the Reebok Classic Remix Collection with a performance at Foot Locker Times Square

2009-03-18T20:53:59Z

NEW YORK - MARCH 13: Naledge and Double-O perform "I Got It Made (Reebok Classic '09)" by Kidz In The Hall at Foot Locker Times Square on March 13, 2009 in New York City. (Photo by Andrew H. Walker/Mayor Adrian M. Fenty proposed increasing the penalties for possession of khat with intent to manufacture or distribute to include prison time. Parts of the flowering evergreen shrub can produce effects similar to those of cocaine. Fenty wants to make khat a Schedule I drug under D.C. law, as it is under federal law.</p><p&g...