Report: Foot Locker up for sale

NEW YORK Foot Locker is considering putting itself up for sale, a New York paper reported last week. The news follows a troubling period for the retailer, which saw a dismal performance at its U.S. shoe stores and failed to acquire Genesco, which accepted a competing offer from Finish Line

According to the New York Post, Foot Locker has engaged Lehman Brothers as an advisor for its potential sale. The Post reports that possible buyers for the retailer include Apollo Management and Kohlberg Kravis Roberts & Co.