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The obsession with Michael Jordan (and his sneakers) shows no sign of abating

The obsession with Michael Jordan (and his sneakers) shows no sign of abating

Foot Locker is thriving. In a business update on Aug. 10, the sneaker retailer reported its comparable store sales, including sales at stores open at least a year and its online sales, were up about 18% compared to last year in the quarter through Aug. 1. Foot Locker has a strong e-commerce business too, which kept sales flowing to shoppers stuck at home.