112 West 34th Street
New York, NY 10120
CEO: Richard Johnson
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 3,400 stores in 21 countres in North America, Europe and Australia. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker, Six:02, Runners Champ, Sidestep 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.
As of January 31, 2015, the Company operated 3,423 stores in 23 countries in North America, Europe, Australia, and New Zealand. In addition, 51 franchised Foot Locker stores were operating in the Middle East and South Korea, as well as 27 franchised Runners Point and Sidestep stores in Germany and Switzerland.
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 fiscal 2014, the company announced record sales of $7.15 billion, up 9.9%, and net income of $520 million. Comparable store sales increase 8% for the year.
"We remain intently focused on executing our key strategies," said Richard Johnson, President and Chief Executive Officer. "Along with elevating the level of investments in our stores, digital capabilities, support facilities, and --- most importantly --- our people, that focus has enabled us to develop into a high-performance company that has reached record heights of financial and operational success. In fact, we have approached or surpassed many of the goals in our most recent set of long-term objectives, and I am very proud of the entire team at Foot Locker, Inc. for this excellent accomplishment."
The Company opened 86 new stores, remodeled or relocated 319 stores, and closed 136 stores during fiscal 2014.
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.
Employees of Foot Locker, Inc., enjoy a
comprehensive benefits package, including medical and dental
coverage, as well as life insurance programs, merchandise discounts