Foot Locker Moving Headquarters Out of New York

Foot Locker announced that it is moving its corporate headquarters out of New York to St. Petersburg, Florida. 

The company is hoping the move will be complete by late 2025. 

In its announcement, Foot Locker said it is looking to further build its "meaningful presence in St. Petersburg and to enable increased collaboration among teams across banners and functions, while also reducing costs." 

By - SC