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Foot Locker to buy two shoe store chains for $1.1 billion – CNBC

Foot Locker will buy two smaller shoe store chains for a total of about $1.1 billion in cash as it looks to extend its reach…

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Foot Locker will buy two smaller shoe store chains for a total of about $1.1 billion in cash, the footwear retailer said on Monday as it looks to expand its business beyond malls and extend its reach in Asia.
The company is buying California-based WSS for…

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