Aug. 2 (UPI) — U.S. shoe retailer Foot Locker announced on Monday that it’s spending more than $1 billion to expand its reach in the United States and Asia.
Based in California, WSS has nearly 100 stores in its home state, Texas, Arizona and Nevada. Atmos has dozens of locations in Japan.
WSS has a significant Hispanic customer base and atmos is popular for carrying special edition footwear from major shoe companies like Nike.
“The acquisition of atmos will accelerate Foot Locker’s global reach with a highly strategic foothold in Japan,” Foot Locker said in a statement.
The WSS stores are located away from shopping malls, which have been heavily impacted by the COVID-19 pandemic.
Foot Locker has more than 3,000 stories in 28 countries.