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Description

Foot Locker Retail, Inc. is an American sportswear and footwear retailer, with its headquarters in Midtown Manhattan, New York City, and operating in 28 countries.

Although established in 1974, and founded as a separate company in 1988, Foot Locker's roots date to 1879, as it is a successor corporation to the F. W. Woolworth Company (“Woolworth's”), as many of its freestanding stores were originally Kinney Shoes and Woolworth's locations. The company operates the eponymous “Foot Locker” chain of athletic footwear retail outlets (along with “Kids Foot Locker” and “Lady Foot Locker” stores), and other athletic-based divisions including Champs Sports, Footaction USA, House of Hoops, and Eastbay/Footlocker.com, which owns the rights to Final-Score. The company is also famous for its employees' uniforms at its flagship Foot Locker chain, resembling those of referees.

According to the company's filings with the SEC, as of January 28, 2017, Foot Locker, Inc. had 3,363 primarily mall-based stores in the United States, Canada, Europe, and Asia. Nearly 70% of its product is from Nike.

History

In 1963, the F.W. Woolworth Company purchased the Kinney Shoe Corporation and operated it as a subsidiary. In the 1960s, Kinney branched into specialty shoe stores, including Stylco in 1967, Susie Casuals in 1968, and Foot Locker on September 12, 1974. The first Foot Locker opened in the Puente Hills Mall in City of Industry, California, and still is open today. Woolworth also diversified its portfolio of specialty stores in the 1980s, including Afterthoughts, Northern Reflections, Rx Place, and Champs Sports. By 1989, the company was pursuing an aggressive strategy of multiple specialty store formats targeted at enclosed shopping malls. The idea was that if a particular concept failed at a given mall, the company could quickly replace it with a different concept. The company aimed for 10 stores in each of the country's major shopping malls, but this never came to pass as Woolworth never developed that many successful specialty store formats.

Rating GlobalNY.biz

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№34
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Take place
area
№3
In rating
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area

Company Persons

Vice President, Treasurer at Foot Locker
1 place
Vice President, Financial Planning & Analysis at Foot Locker
2 place
Vice President, Deputy General Counsel and Assistant Secretary at Foot Locker
3 place
Senior Vice President and Chief Information Officer at Foot Locker
4 place
Senior Vice President of Supply Chain at Foot Locker
5 place
Senior Vice President and Chief Accounting Officer at Foot Locker
6 place
Senior Vice President and Chief Marketing Officer at Foot Locker
7 place
Executive Vice President and Chief Human Resources Officer of Foot Locker
8 place
Executive Vice President, Chief Strategy and Corporate Development Officer at Foot Locker
9 place
Executive Vice President and Chief Commercial Officer of Foot Locker
10 place
Executive Vice President, General Counsel and Secretary at Foot Locker
11 place
Executive Vice President and Chief Operating Officer of Foot Locker
12 place
Executive Vice President and Chief Financial Officer of Foot Locker
13 place
Chairman, President and Chief Executive Officer of Foot Locker
14 place

Discussion

NEW YORK COMPANIES


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Alena Potapova

Development Director
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