
Foot Locker has filed plans to open a 3,300-square-foot store at the corner of Meridian and Washington streets
downtown. The space currently is home to Flagstar Bank, which plans to move to the former Bearno's space a few blocks away.
Several restaurants, including Panera, Chipotle, McAlister's and McDonald's, had considered the high-visibility space in the
building owned by local businessman John Goodman. The store would be the first downtown for New York-based Foot Locker Inc.,
which lost a bidding war with Indianapolis-based rival Finish Line to buy Genesco Inc. Finish Line now is trying to
wiggle out of the $1.5-billion deal. Foot Locker already has stores at several area malls.
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Fair is fair; still, this looks like a case of Foot Locker thumbing their nose at Finish Line!
On Finishline: Didn't pretty much every investor tell Finishline that the buyout was a horrible idea? Smooth move.
Interesting, though, that Finish Line's first store in 1976 was on the Circle (albeit on the north side)...now it's big rival is setting up shop there.
I'm happy to see street level retail, but this seems one notch better than a T-Mobil store. I'd rather have Panera.