Florida
Another exit: Foot Locker to relocate headquarters from New York to Florida
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Foot Locker is relocating its headquarters to Florida from New York.
The footwear retailer said Wednesday the city of St. Petersburg will become its new corporate headquarters come late 2025.
Foot Locker said it was seeking to “further build on the Company’s meaningful presence in St. Petersburg and to enable increased collaboration among teams across banners and functions, while also reducing costs.”
Foot Locker is relocating its headquarters to Florida from New York. (Artur Widak/NurPhoto via Getty Images / Getty Images)
The retailer already has a “very meaningful commercial and executive team presence” in St. Petersburg, according to CEO Mary Dillon. The company won’t be requiring relocation for workers, she told analysts and investors.
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“Historically, that was originally the headquarters of Champs Sporting Goods,” Dillon also told analysts and investors. “We have a large concentration of folks there already, and we think it’s a great place for us to continue to grow and do business and continue to attract top talent.”
Meanwhile, Foot Locker’s corporate presence in New York City will be “limited” in the future.
Dillon said the HQ relocation to the Sunshine State was “going to continue to give us better opportunities, both for further collaboration across the business and there’s some financial benefits over time as well.”
Foot Locker’s corporate presence in New York City will be “limited” in the future. (Justin Sullivan/Getty Images / Getty Images)
Foot Locker linked the corporate move to an effort to “further support strategic progress” of its “Lace Up Plan.”
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The “Lace Up Plan,” which kicked off in March, includes initiatives like new store formats, moving away from mall stores, revamping its loyalty program and leaning more into digital to improve Foot Locker’s growth.
The footwear retailer has the launch of a Global Technology Services Hub in Dallas, Texas, slated for next month in a move separate from the headquarters relocation. Dillon said the site will “be a key enabler of our technology infrastructure modernization under Lace Up.”
Foot Locker linked the corporate move to an effort to “further support strategic progress” of its “Lace Up Plan.” (Christinne Muschi/Bloomberg via Getty Images / Getty Images)
Foot Locker’s planned move from New York to Florida will make it the latest company to move its headquarters out of the Empire State.
CHEVRON RELOCATING HEADQUARTERS FROM CALIFORNIA TO TEXAS
Some others include Icahn Capital Management in 2020 and ARK Investment Management in 2021.
The footwear retailer’s market capitalization hovered around $2.79 billion on Wednesday afternoon after releasing its second-quarter results earlier in the day.
FORT MYERS, Fla. – An injured manatee and her calf are recovering after authorities on a boat rescued them from the Orange River near Fort Myers on Thursday.
What we know:
The Lee County Sheriff’s Office said its Marine Unit, Advanced Technology Support Unit, drone pilots and the Florida Fish and Wildlife Conservation Commission helped in saving the pair after the mother was found hurt in the water and in need of medical attention.
READ: Missing Florida man found stuck in mud without food or water for days: PFD
Video shows authorities pulling the frantic manatees safely onto the boat in netting before taking them to shore.
Courtesy: Lee County Sheriff’s Office
Both animals will be taken to ZooTampa for evaluation and medical care.
What we don’t know:
LCSO did not say the extent of the mother’s injuries.
By the numbers:
As of Feb. 20, there have been 85 manatee deaths across Florida in 2026, according to the FWC. Last year reportedly saw a total of 632 manatee deaths.
Dig deeper:
Earlier this month, the FWC began investigating a spike in manatee deaths, specifically in Lee County, where officials say 25 were found dead within a week.
READ: FWC investigating spike in manatee deaths over the past week
The FWC believes these manatee deaths could be from several factors: cold stress, a lack of seagrass and polluted waterways.
The Source: Information for this story was provided by the Lee County Sheriff’s Office and the Florida Fish and Wildlife Conservation Commission.
Trump threatens tariffs on countries that supply oil to Cuba
Trump warned Cuba to reach an agreement with the U.S. after signing an executive order to impose tariffs on countries that supply the island with oil.
HAVANA (Reuters) – Four people were killed and seven others were wounded on Feb. 25 after a speedboat from Florida entered Cuban waters and opened fire on Cuban forces, who returned fire, Cuba’s Interior Ministry said.
All four dead were aboard the Florida-based speedboat, and another six were injured, Cuba said. In addition, the Cuban commander of border patrol boat was wounded, Cuba said.
The wounded foreign attackers were evacuated and received medical attention, Cuba said.
The incident took place amid heightened tension between Cuba and the United States, which has blocked virtually all oil shipments to the island, increasing pressure on the Communist-run government. American forces captured Venezuelan President Nicolas Maduro in Caracas on Jan. 3, removing a key Cuban ally from power.
“Faced with the current challenges, Cuba reaffirms its commitment to protecting its territorial waters, based on the principle that national defense is a fundamental pillar for the Cuban state in safeguarding its sovereignty and stability in the region,” the Cuban statement said.
Reporting by Daniel Trotta in Havana.
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