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Author: Andy Polk

Foot Locker Inc. completed the acquisition of Atmos, a digitally-led retailer headquartered in Japan, for $360 million, subject to certain customary adjustments. Richard Johnson, chairman and CEO, Foot Locker, said, “We are delighted to officially welcome Atmos’s iconic founder, Hidefumi Hommyo and the entire Atmos team...

Holiday spending has the potential to shatter previous records, as the National Retail Federation (NRF) forecasts that holiday sales during November and December will grow between 8.5 percent and 10.5 percent over 2020 to between $843.4 billion and $859 billion; the numbers, which exclude automobile...

Allbirds Inc aims to be valued at over $2 billion in its initial public offering (IPO), according to an updated filing with the Securities & Exchange Commission. The eco-friendly sneaker maker in a regulatory filing on Monday said it is offering 19.2 million shares at a...

“As the last year and a half has continued to challenge us all, #OptOutside is a reminder of the importance of community and time outside,” said REI CEO Eric Artz. “What started as a special moment for employees has become a movement for the co-op...