FL has been in the news 643% more than usual
Jan 21, 2025, 3:31 PM
-5.98%
What does FL do
Foot Locker, headquartered in New York City, operates 2,523 stores across 26 countries and employs 14,335 people, offering brands like Foot Locker and Champs Sports through omni-channel retailing. The company serves various markets, including North America, EMEA, and Asia Pacific, with services like buy online and pickup-in-store.
FL has been in the news recently: Foot Locker's relevant entities may benefit from the acquisition of the Oak Grove Shoppes, a 142,000 square foot retail space in Orlando, Florida, by Cohen & Steers Income Opportunities REIT, Inc. This acquisition is part of a $300 million joint venture, which could enhance Foot Locker's market presence in the area.
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