Foot Locker: Lace Up And Sell

2025-07-09 11:28:48 ET

Foot Locker to be acquired by Dick's Sporting Goods

Foot Locker ( FL ) was officially established in 1974 as a division of the F.W. Woolworth Company, with its first store opening in Puente Hills Mall, City of Industry, California. Woolworth, itself founded in 1879 and listed in 1912, acquired the company Kinney Shoes in 1963. Due to the success of the more and more dominant athletic retail brand, and at the same time the former core of department and penny stores ("five-and-dime") being in decline, the combined company later changed its name first to Venator Group and later to Foot Locker. In that sense, Foot Locker inherited the Woolworth stock listing....

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