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Market Chatter: Foot Locker to Expand Nike-Backed Basketball Sections in Stores Worldwide
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Market Chatter: Foot Locker to Expand Nike-Backed Basketball Sections in Stores Worldwide
Dec 3, 2024 6:26 AM

09:06 AM EST, 12/03/2024 (MT Newswires) -- Foot Locker ( FL ) plans to expand its Nike ( NKE )-partnered (NKE) Home Court basketball sections to 100 stores worldwide by 2026, Bloomberg reported Tuesday citing Foot Locker ( FL ) Chief Executive Officer Mary Dillon.

The areas feature various tools like 3D scanning for fit and digital walls for sneaker performance testing, the report said. The initiative follows the debut of the concept in Foot Locker's ( FL ) revamped New York flagship store in August, the report added.

Foot Locker ( FL ) and Nike ( NKE ) did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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