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Foot Locker

Headquarters: 112 West 34th Street
New York, NY 10120
Employees: 15,952
CEO: Ken Hicks
Website
: http://www.footlocker-inc.com

Stock Symbol: FL

Career Page

If you've been to a mall and shopped for sneakers, then you've probably visited a Foot Locker store. Foot Locker is the world's leading athetic retailer with over 3,600 stores in 21 countres in North America, Europe and Australia. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker and Champs Sports retail stores, as well as its direct-to-customer channel Footlocker.com/Eastbay, the company is the leading provider of athletic footwear and apparel.

Stores are stocked with the latest athletic clothing and footwear from Nike, Reebok and Adidas. The stores are destination locations for its core customers that are 12 to 21 years old.

There are usually multiple Foot Locker-brand stores found in the same mall.

In January, Foot Locker announced a realignment of management and company organization which will result in the loss of 120 home office and field management jobs.

For 2010, the Company currently estimates that it will open 37 new stores, close 190 under-productive stores, and remodel or relocate 160 stores. As a result, 117 stores are expected to be closed during the fourth quarter, a large percentage of which are Foot Locker and Lady Foot Locker stores in the United States.

History

Foot Locker was originally known as the F.W. Woolworth Company, founded by Frank and Charles Woolworth in 1911 as five-and-dime discount stores in New York City.

The company opened the first Foot Locker in 1974 and grew to thousands of stores worldwide. The company changed its name to Foot Locker Inc. in 2001. It would acquire the Footaction chain in 2004.

Benefits

Employees of Foot Locker, Inc., enjoy a comprehensive benefits package, including medical and dental coverage, as well as life insurance programs, merchandise discounts and more.

Updated January 9, 2010

 

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