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: TD Cowen criticized Dick's Sporting Goods' $2.4 billion acquisition of Foot Locker as a "strategic mistake," downgrading shares and setting a lower price target. The acquisition aims to expand Dick's international presence and strengthen its position in the Nike sneaker market, giving it control over more than 3,200 stores.
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