Foot Locker Is Buying Sneaker Retailer Atmos, Which Recently Merged With Philly Sneaker Boutique Ubiq

A sign hangs above the entrance of a Foot Locker store in Chicago, Ill., on Aug. 2, 2021. Scott Olson/Getty Images

By Damichael Cole From The Philadelphia Inquirer

Foot Locker announced Monday in a press release that it is buying two major sneaker store chains for a total of $1.1 billion.