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Foot Locker’s Positive Steps Don’t Put It Back in the Race

Sarah Halzack
Foot Locker’s Positive Steps Don’t Put It Back in the Race

Foot Locker Inc. has made some progress in stomping out its problems. In a press release, CEO Richard Johnson said he expected that measure to return to growth later in the year. Johnson indicated that part of the reason for the better-than-expected performance was that Foot Locker was able to secure a better line-up of premium sneaker styles from some key suppliers.