Foot Locker

Foot Locker, Inc.
Formerly
  • Woolworth Corporation (1989–1998)
  • Venator Group (1998–2001)
Company typePublic
IndustryClothing
PredecessorF. W. Woolworth Company
FoundedSeptember 12, 1974; 50 years ago (1974-09-12) in City of Industry, California, U.S.
FoundersF. W. Woolworth and Santiago Lopez
Headquarters,
U.S.
Number of locations
2,523 stores (2023)[1]
Area served
Worldwide
Key people
Brands
  • Foot Locker
  • Kids Foot Locker
  • Lady Foot Locker
  • House Of Hoops
RevenueDecrease US$8.15 billion (2023)[1]
Decrease US$142 million (2023)[1]
Decrease US$−330 million (2023)[1]
Total assetsDecrease US$6.87 billion (2023)[1]
Total equityDecrease US$2.89 billion (2023)[1]
Number of employees
46,846 (2023)[1]
SubsidiariesChamps Sports
WSS
Runner's Point
Sidestep
Websitefootlocker.com

Foot Locker, Inc. is an American multinational sportswear and footwear retailer headquartered in Midtown Manhattan, New York City,[2] and operating in over 40 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”), which changed its name to Foot Locker in 2001, as many of its freestanding stores were Kinney Shoes and Woolworth's locations.[3] 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.

Foot Locker located inside Southern Park Mall, Boardman, Ohio.

According to the company's filings with the SEC, as of January 2017, Foot Locker, Inc. had 3,363 primarily mall-based stores in the United States, Canada, Europe, and Asia. Nearly 70% of its products are from Nike.[4]

  1. ^ a b c d e f g "Foot Locker, Inc. 2023 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. March 28, 2024.
  2. ^ "Foot Locker, Inc." Foot Locker. Retrieved on January 22, 2010.
  3. ^ "COMPANY NEWS; VENATOR, ONCE WOOLWORTH, IS NOW FOOT LOCKER". The New York Times. November 2, 2001. ISSN 0362-4331. Retrieved February 7, 2023.
  4. ^ Bain, Marc (August 18, 2017). "Foot Locker has a Nike problem". Quartz (publication). Retrieved August 18, 2017.