Foot Locker

March 2010
SGB;Mar/Apr2010, Vol. 43 Issue 2, p10
Trade Publication
The article reports on Foot Locker Inc.'s 5-year growth plan to achieve net income margins of 5% and 6 billion dollars of annual sales. It is stated that the introduction of more entry-level-priced shoes and extension of its target group at its core Foot Locker chain are some of the other parts of the plan. Ken Hicks, its new chairman, president and chief executive officer (CEO), says that the company has no acquisition plans and is focusing on broadening its range of value products.


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