[Ans] The US version of Woolworth's evolved into which company?

Step 1 : Introduction to the question "The US version of Woolworth's evolved into which company?"

Woolworth was an early pioneer of the five-and-dime store, and one of the largest retail chains in the world through most of the 20th century. In 1963, Woolworth expanded into the shoe business with the purchase of Kinney Shoe Corporation, which created the store that Woolworth would eventually become — Foot Locker. Despite Woolworth's success, increased competition led to its decline in the 1980s, while its subsidiary Foot Locker gradually became more popular and more successful. In 1997, the last Woolworth store was closed and in 2001, the company changed its name to Foot Locker.

Step 2 : Answer to the question "The US version of Woolworth's evolved into which company?"

Foot Locker:

Woolworth was an early pioneer of the five-and-dime store, and one of the largest retail chains in the world through most of the 20th century. In 1963, Woolworth expanded into the shoe business with the purchase of Kinney Shoe Corporation, which created the store that Woolworth would eventually become — Foot Locker. Despite Woolworth's success, increased competition led to its decline in the 1980s, while its subsidiary Foot Locker gradually became more popular and more successful. In 1997, the last Woolworth store was closed and in 2001, the company changed its name to Foot Locker.

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