Foot Locker is relocating its headquarters to Florida, the footwear retailer announced on Wednesday. Its corporate presence in New York City will be 'limited' in the future.
Foot Locker is relocating its headquarters to Florida from New York. The footwear retailer said Wednesday the city of St. Petersburg will become its new corporate headquarters come late 2025. Foot Locker said it was seeking to "further build on the Company’s meaningful presence in St. Petersburg and to enable increased collaboration among teams across banners and functions, while also reducing costs.
Historically, that was originally the headquarters of Champs Sporting Goods," Dillon also told analysts and investors. "We have a large concentration of folks there already, and we think it’s a great place for us to continue to grow and do business and continue to attract top talent." Meanwhile, Foot Locker’s corporate presence in New York City will be "limited" in the future.
Some others include Icahn Capital Management in 2020 and ARK Investment Management in 2021. The footwear retailer's market capitalization hovered around $2.79 billion on Wednesday afternoon after releasing its second-quarter results earlier in the day.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Foot Locker to open new tech hub in Dallas next monthFoot Locker is opening a new Global Technology Services hub in Dallas this September. The new tech and innovation hub will be led by Adrian Butler, the...
Read more »
Associate or Senior Editor - New York City, New York (US) job with Springer Nature LtdPosition: Associate or Senior Editor Location: New York or Shanghai (Hybrid working model) Deadline: August 16th, 2024 Nature, the international weekly journal of science, is seeking a talented individual to join our team as an Associate Editor to champion research in global and public health.
Read more »
The New York Times says it will stop endorsing candidates in New York electionsThe New York Times editorial board will stop endorsing candidates in New York elections. The head of opinion at The New York Times announced the decision in a statement on Monday. The statement did not give a reason for the decision but the board plans to continue offering perspective on the races, candidates and issues.
Read more »
The New York Times says it will stop endorsing candidates in New York electionsNEW YORK (AP) — The New York Times editorial board will stop endorsing candidates in New York elections, the paper's opinion editor said Monday. The
Read more »
Maybelline New York Is the TCS New York City Marathon’s First Cosmetics PartnerThe Maybelline-New York City Marathon partnership will encompass Maybelline's own running team, as well as a dedicated cheer zone and an expo booth.
Read more »
New York Giants at New York Jets NFL preseason Week 3: FREE live stream, time, channelThe New York Jets are considered the home team Saturday night in an all-New York battle with the Giants at MetLife Stadium.
Read more »