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                    Business
                
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                10 / 2626             | 
        
                
    
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For example Europe; Foot Locker has plans to aggressively attack the European Market by opening approximately 30 new stores in 2008. The European Division of Foot Locker is currently outperforming the US Division; therefore to help boost sales in the US corporate has decided to promote President and CEO of Foot Locker Europe Keith Daly to President and CEO of Foot Locker US (4)...
        
        
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Other plans that Foot Locker intends to help the US Division include aggressively reducing inventory by a major clearance strategy of slow moving product lines. He is also planning on closing several US stores that arenât performing to standards and cutting losses before they hurt the company too much (4)...
        
        
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