New York City — Foot Locker, Inc., the New York-based specialty athletic retailer, aims to achieve net zero greenhouse gas (GHG) emissions by 2050 or sooner, in alignment with climate scientists’ recommendations to transition toward a net zero state and avoid the worst impacts of climate change. This ambition marks an important milestone in the company’s environmental, social and governance (ESG) journey. Answering the call to limit the global temperature rise to 1.5°C, as well as feedback from stakeholders, the company commits to setting a science-based target in line with …
Richard A. Johnson
New York City — Foot Locker, Inc., the New York-based specialty athletic retailer, has completed its acquisition of Eurostar, Inc. (WSS), a U.S.-based athletic footwear and apparel retailer that primarily operates on the West Coast, for $750 million in cash, subject to customary adjustments. “WSS is a highly complementary addition to our portfolio, and we are excited to officially welcome its team to the Foot Locker family,” says Richard A. Johnson, chairman and chief executive officer of Foot Locker. “WSS brings an expanded and differentiated customer base rooted in the …