Formerly |
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---|---|
Company type | Public |
Industry | Clothing |
Predecessor | F. W. Woolworth Company |
Founded | September 12, 1974City of Industry, California, U.S. | in
Founders | F. W. Woolworth and Santiago Lopez |
Headquarters | , U.S. |
Number of locations | 2,523 stores (2023)[1] |
Area served | Worldwide |
Key people |
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Brands |
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Revenue | US$8.15 billion (2023)[1] |
US$142 million (2023)[1] | |
US$−330 million (2023)[1] | |
Total assets | US$6.87 billion (2023)[1] |
Total equity | US$2.89 billion (2023)[1] |
Number of employees | 46,846 (2023)[1] |
Subsidiaries | Champs Sports WSS Runner's Point Sidestep |
Website | footlocker |
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.
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]