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FOOT LOCKER EXPECTED TO REPORT 8-10% SLIP IN SEPTEMBER SALES

          Foot Locker "is stumbling," according to Richard Wilner
     of the N.Y. POST.  The 3,000-store chain is expected to
     report that same-store sales in the "key" September selling
     period slipped 8-10% from last year.  The drop follows an
     11.2% same-store sales decline in August and "marks the
     seventh straight weak month for Foot Locker amid an overall
     soft sneaker business."  The expected September sales
     decline was revealed in a research report by Gruntal & Co.
     analyst Michael Conn, who cut his recommendation yesterday
     to a "hold" from "strong buy."  Foot Locker parent Woolworth
     would not comment on the report but is expected to report
     September sales on Thursday (N.Y. POST, 10/7).

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