12:13 PM EST, 12/03/2024 (MT Newswires) -- (Updates with Foot Locker ( FL ) response and latest stock movement in the third and fourth paragraph.)

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 ) declined to comment in response to a request from MT Newswires while Nike ( NKE ) did not immediately respond.

Foot Locker ( FL ) shares were down 3.2% while Nike ( NKE ) shares were edging 0.4% higher in recent trading.

(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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