Stories about: Foot Locker

Business Internet services company KPNQwest NV filed for protection from creditors on Thursday as it continues to work with banks and advisors to find funding alternatives, it said in a statement.

Nike was ready to spend US$400 million to streamline and further automate the way it produces, ships and sells shoes. Instead of taking a month to plan and start producing a new line of sneakers, a new software system would narrow that window to a week. By being able to better match supply with demand, the company thought it could avoid getting stuck with warehouses full of shoes that had gone out of style, while boosting sales of the cool pairs that everyone wanted.

Rolando Zamora loves to travel. But like many people, the control systems engineer from Wilmington, Delaware, couldn't afford luxury accommodations or the high price of last-minute plane tickets. All that changed when he discovered Priceline.com Inc., an innovative service that lets travelers name their price on hotel rooms and airline tickets. Now Zamora routinely stays in four-star hotels at discounted rates that don't strain his budget. And as for those impulse trips--well, let's just say he's always got a bag packed.

Nike has been quietly making plans to launch an online store to sell its footwear and apparel. Niketown.com, as the site will probably be called, could be open as soon as next month, said sources close to the project.