U.S. Markets closed
  • S&P 500

    4,395.64
    +41.45 (+0.95%)
     
  • Dow 30

    34,258.32
    +338.48 (+1.00%)
     
  • Nasdaq

    14,896.85
    +150.45 (+1.02%)
     
  • Russell 2000

    2,218.56
    +32.38 (+1.48%)
     
  • Gold

    1,768.40
    -9.80 (-0.55%)
     
  • Silver

    23.03
    +0.46 (+2.05%)
     
  • EUR/USD

    1.1696
    -0.0034 (-0.2924%)
     
  • 10-Yr Bond

    1.3360
    +0.0120 (+0.91%)
     
  • Vix

    20.87
    -3.49 (-14.33%)
     
  • GBP/USD

    1.3619
    -0.0045 (-0.3282%)
     
  • USD/JPY

    109.7800
    +0.5600 (+0.5127%)
     
  • BTC-USD

    42,250.37
    -29.52 (-0.07%)
     
  • CMC Crypto 200

    1,089.55
    +49.07 (+4.72%)
     
  • FTSE 100

    7,083.37
    +102.39 (+1.47%)
     
  • Nikkei 225

    29,639.40
    -200.31 (-0.67%)
     

Foot Locker confirms deals to spend $1.1 billion to buy retailers WSS and atmos

·1 min read
Foot Locker confirms deals to spend $1.1 billion to buy retailers WSS and atmos
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Foot Locker Inc. is spending $1.11 billion in cash to buy two retailers in separate deals for companies with retail brands WSS and atmos, with both deals expected to close late in the third quarter. The deals were reported earlier by The Wall Street Journal. Foot Locker's stock rose 0.3% in premarket trading. Foot Locker said it was paying $750 to buy U.S.-based athletic footwear and apparel retailer Eurostar Inc., or WSS. The retailer, which generated $425 million in revenue in fiscal 2020, ope