Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion
Read full article: Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billionDick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company this year as business leaders struggle with U.S. President Donald Trump’s threatened tariffs.
19-year-old woman surrenders following fatal shooting outside Eastpointe Foot Locker
Read full article: 19-year-old woman surrenders following fatal shooting outside Eastpointe Foot LockerA 19-year-old woman who was involved in the fatal shooting outside the Foot Locker in Eastpointe has turned herself in.
Historically Black college in Detroit opens state-of-the-art footwear studio in collaboration with Foot Locker
Read full article: Historically Black college in Detroit opens state-of-the-art footwear studio in collaboration with Foot LockerIt's a unique opportunity for Pensole Lewis College Detroit students to design and manufacture shoes at the Foot Locker Footwear Creation Studio.
Kohl's posts declines in 2Q profits and sales, joining other stores facing cautious spending
Read full article: Kohl's posts declines in 2Q profits and sales, joining other stores facing cautious spendingKohl’s reported on Wednesday that profits dropped nearly 60% on weak sales in the second quarter, joining a slew of retailers that are wrestling with shoppers’ cautious spending in a challenging economy.
FedEx driver steals $96,000 worth of Foot Locker gear shipped to Eastpointe store, police say
Read full article: FedEx driver steals $96,000 worth of Foot Locker gear shipped to Eastpointe store, police sayA FedEx driver stole $96,000 worth of Food Locker merchandise that he was supposed to deliver to a store in Eastpointe, officials said.
This local brand is shaping the future of streetwear
Read full article: This local brand is shaping the future of streetwearAfter having a lot of success on their own, one brand has teamed up with Foot Locker Detroit to sell their clothes in some of their stores as part of Foot Locker’s Homegrown program. This is a new way to bring communities together while also showcasing local designers who are shaping the future of streetwear.
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Mall owner sues Gap for rent on coronavirus-shuttered stores
Read full article: Mall owner sues Gap for rent on coronavirus-shuttered storesNEW YORK NEW YORK (AP) Gap is being sued for refusing to pay rent for stores temporarily closed during the coronavirus pandemic. Mall owner Simon Property Group said in a lawsuit filed this week that the clothing retailer owes three months of rent, totaling $65.9 million. Gap Inc. has more than 390 stores at Indianapolis-based Simon's malls, including its namesake brand, Old Navy and Banana Republic. Gap and other major retailers, including sneaker seller Foot Locker, have said they wouldn't pay rent for stores that were forced to close due to the pandemic. In April, Gap warned that it may be sued by its landlords and that a dispute could be costly and have an uncertain outcome.San Francisco-based Gap did not respond to a request for comment Thursday.

2 arrested in sweatpants theft, security guard assault at Eastpointe Foot Locker
Read full article: 2 arrested in sweatpants theft, security guard assault at Eastpointe Foot LockerEASTPOINTE, Mich. - Two men have been arrested and one is still at large after a sweatpants theft and security guard assault at a Foot Locker store in Eastpointe. Nayati Jones, Javaun Knott and Jaemi Meeks are accused of stealing $1,775 worth of sweatpants from the Foot Locker store at 17755 Eight Mile Road in Eastpointe around 12:45 p.m. Aug. 4, officials said. Men accused of stealing sweatpants from an Eastpointe store on Aug. 4, 2019. A security guard tried to stop one of the men but was assaulted in the process, police said. Jones and Knott have since been arrested, Eastpointe police said.
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3 men steal $1,775 in sweatpants from Eastpointe store, fight off security guard, police say
Read full article: 3 men steal $1,775 in sweatpants from Eastpointe store, fight off security guard, police sayEASTPOINTE, Mich. – Three men stole nearly $2,000 worth of sweatpants from an Eastpointe store and fought off a security guard to get away, according to police. The men walked into the Foot Locker store at 17755 Eight Mile Road in Eastpointe around 12:45 p.m. Aug. 4, officials said. UPDATE: 2 arrested in sweatpants theft, security guard assaultThey grabbed all of the Jordan brand sweatpants from a display and ran out the door, according to authorities. Store officials said the total value of the sweatpants was $1,775. A security guard tried to stop one of the men but was assaulted in the process, police said.

Man Says He Carried Lost Children to Safety in El Paso Shooting
Read full article: Man Says He Carried Lost Children to Safety in El Paso ShootingWhen shots rang out inside the Cielo Vista Mall in El Paso Saturday, Glen Oakley said he sprang into action to get some kids to safety. He was shopping in Foot Locker when he heard gunfire inside the mall. The store immediately closed its front gate, but when shoppers lifted the gate to escape the mall, Oakley ran out of the store with them. El Paso Police said there were "multiple fatalities" from the shooting in the area of the shopping complex, which includes the mall and the nearby Walmart. RELATED STORIESShooting at El Paso Shopping Center Leaves Several People Dead: PoliceThese 2 People Survived the Garlic Festival and Las VegasHow to Survive a Shooting at an Outdoor Event

Police search for man accused of stealing from shoe stores on Detroit's east side
Read full article: Police search for man accused of stealing from shoe stores on Detroit's east sideDETROIT - Detroit police are searching for a man accused of stealing from three shoe stores on the city's east side. Derrick Crosby, 23, entered the Foot Locker store in the 14000 block of Mack Avenue around 11:30 a.m. July 11, police said. Crosby grabbed gym shoes, took them to the counter and acted like he was going to buy them, according to officials. He is accused of doing the same at the Villa Shoe Store in the 13000 block of East Jefferson Avenue on July 18 and the Foot Locker in the 11000 block of East Warren Avenue on July 22. Anyone with information is asked to call Detroit police at 313-596-5540 or Crime Stoppers at 1-800-SPEAK-UP.

Retailers among 2019's worst stocks
Read full article: Retailers among 2019's worst stocksSpencer Platt/Getty Images(CNN) - Looking for more proof of just how hard it is for traditional retailers to compete in a world that's increasingly dominated by Amazon? Nordstrom and Gap are the worst-performing stocks in the S&P 500 so far this year. Several other big brick-and-mortar retailers are among the market's biggest losers of the first half of 2019. All of those companies have recorded sluggish sales and profits as consumers increasingly shop online. And Home Depot, which faces less competition from Amazon and online shopping in general, is up more than 20%.
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