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Business News

Foot Locker profits fall by two-thirds

Profits dived by nearly two-thirds at Foot Locker UK last year, but the sports footwear retailer, which already has 70 stores, plans to keep oepning more.

The company posted pre-tax profits of £767,000 for the year to 31 December, a fall of 64 per cent, although its sales rose by 7 per cent to £81.05m.