Foot Locker sees strong online sales

Foot Locker Inc. has increased its web turnover 6.8% in the third quarter while total sales increased by 1.6%. The retailer's e-commerce sales in Q3 totalled $63 million vs. $59.3 million in Q3 2005. Total sales increased slightly to $1.43 billion, compared with sales of $1.40 billion for the same quarter in 2005. For the first nine months of the year, Foot Locker's web sales totalled $182 million, an increase of 13.1% from online sales of $160.9 million for the same period in 2005.

Foot Locker CYC Matthew Serra said in a statement: "While our comparable-store sales continued to be negatively affected by a challenging athletic retail market in Europe, we were able to stabilize our earnings in this region versus the comparable period of last year and capitalize on business opportunities in other areas where we operate." Foot Locker is No. 44 in the Internet Retailer Top 500 Guide to Retail Web Sites .