1- Click View/PlaylistManager
2- Right-Click on playlist manager or go CTRL+N
3- Click F2 to rename
4- Now to build a series of stations >> see 5-
5- Find radio station url on sites below or similar:
[download the m3u or pls playlist; open in a text editor and find url]
(sometimes radio stations website give their URL
other times it is harder to find)
Go to >> http://www.shoutcast.com/internet-radio
6- It will look like this for example:
7-In Foobar go CTRL+U and add url
8- Repeat with as many urls as you want
9- CTRL+S to save playlist

for example treat yourself to a Classical Radio Station in flac http://radio.cesnet.cz:8000/cro-d-dur.flac