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Wednesday 7:10 AM
A two-year boom in sales of running shoes still has legs and could propel sellers Nike (NKE), Foot Locker (FL), and Dick's Sporting Goods (DKS) even higher, according to analysts. In the last year sales jumped 14% to reach $6.46B, fueled by the increasing appetite of consumers to pay up for comfort and fashion with more sophisticated lines of running shoes.
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Company Description
Foot Locker, Inc., incorporated under the laws of the State of New York in 1989, is a leading global retailer of athletic footwear and apparel, operating 3,641 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand as of January 31, 2009.
The Company... More
