Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Foot Locker, Inc.    FL

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Foot Locker, Inc. : Completes Acquisition of Runners Point Group

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/10/2013 | 03:20pm CEST

NEW YORK, July 10, 2013 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today that it has completed its previously announced acquisition of Runners Point Group, the specialty athletic store and online retailer based in Recklinghausen, Germany. The results of the two companies will be combined with an effective date of July 7, 2013.

Runners Point Group operates more than 200 athletic retail stores, principally in Germany under the Runners Point and Sidestep banners, as well as an online business. Runners Point Group had sales in 2012 of 197 million euros (USD 254 million). The acquisition of Runners Point Group represents a significant addition to Foot Locker, Inc.'s European footprint, where it already operates more than 600 Foot Locker stores and had revenue of more than $1 billion in 2012.

Foot Locker, Inc. is a specialty athletic retailer that as of May 4, 2013 operated 3,321 stores in 23 countries in North America, Europe, Australia, and New Zealand. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker, and Champs Sports retail stores, as well as its direct-to-customer channels, including footlocker.com, Eastbay and CCS.com, the Company is a leading provider of athletic footwear and apparel.

    Contact:              John Maurer

                          Vice President,

                           Treasurer & Investor
                           Relations

                          Foot Locker, Inc.

                          (212) 720-4092

SOURCE Foot Locker, Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FOOT LOCKER, INC.
05/25 FOOT LOCKER : Declares Quarterly Dividend Of $0.31 Per Share
05/22 FOOT LOCKER, INC. : Today's Research Reports on Stocks to Watch: Foot Locker and..
05/20 FOOT LOCKER : FUKOKU MUTUAL LIFE INSURANCE Co Has $105,000 Position in Foot Lock..
05/19 Dynegy Energy, Ross Stores climb; Foot Locker plunges
05/19 FOOT LOCKER, INC. (NYSE : FL) Files An 8-K Departure of Directors or Certain Off..
05/19 FRIDAY SECTOR LAGGARDS : Apparel Stores, Waste Management Stocks
05/19 MARKETS RIGHT NOW : Industrials lead US stocks broadly higher
05/19 FOOT LOCKER, INC. (NYSE : FL) reported earnings of $1.36 per share missing Walls..
05/19 FOOT LOCKER, INC. (NYSE : FL) Files An 8-K Results of Operations and Financial C..
05/19 FOOT LOCKER, INC. : Results of Operations and Financial Condition, Financial Sta..
More news
Sector news : Apparel & Accessories Retailers - NEC
05/28DJLuxury Fashion Brands Start to Sell on China's WeChat Messaging App
05/25 Abercrombie's same-store sales beat on demand for Hollister brand
05/19 Old Navy helps Gap sail through retail gloom
05/18 U.S. politics pressures Europe shares, M&A, earnings provide support
05/16 ASOS : warehouse fire destroys stock worth 6.25 million pounds
More sector news : Apparel & Accessories Retailers - NEC
News from SeekingAlpha
05/25 Foot Locker Has Upside - Cramer's Lightning Round (5/24/17)
05/23 NIKE : Still The Best Bet In The Industry, At An Attractive Entry Point
05/23 House hearing on border adjustment tax kicks off
05/22 Foot Locker weakness a buying opportunity, three analysts say
05/22 Did Screening 340 Mid Cap Value Stocks With F.A.S.T.Graphs Pay Off?