Foot Locker to grow 4 banners, focus on digital

Foot Locker will convert about one-third of its 272 Footaction stores into Foot Locker locations and close the rest over the next two years as it focuses on its four higher-performing banners. The retailer operates 2,952 stores and plans to open 160 locations over the next year under its namesake, Kids Foot Locker, Eastbay and Champs banners, and will also increase its investment in digital retail. Read the Footwear News story here

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