USA: Foot Locker Puts Boot Into Nike – Paper
Leading footwear chain Foot Locker has slashed the number of expensive Nike trainers it stocks in a move that could see some of the sports shoe giant's rivals gain shelf space, it was reported on Monday. According to the Wall Street Journal, Foot Locker's decision and reduced orders from other chains has forced Nike to find other retail outlets for more than a million pairs of high-end trainers.