Foot Locker, Inc.

Foot Locker, Inc. is a premier global retailer of athletic footwear and apparel. Established in 1974, the company has flourished into a leader in the sportswear industry with a rich history rooted in sneaker culture.

Company Overview

• Founded: September 12, 1974
• Headquarters: New York City, New York, U.S.
• Industry: Sportswear and Footwear Retail
• Number of Locations: Over 3,100 stores worldwide

Operations

Foot Locker, Inc. operates approximately 2,500 retail stores in 26 countries across North America, Europe, Asia, Australia, and New Zealand. The company's reach extends with a licensed store presence in the Middle East and Asia.

Portfolio of Brands

The company's portfolio includes:

• Foot Locker
• Kids Foot Locker
• Champs Sports
• WSS
• atmos

Core Values

Foot Locker, Inc. upholds core values that define its operations and customer service:

• Integrity: Acting honestly, ethically, and honorably.
• Leadership: Respecting, inspiring, developing, and empowering.
• Excellence: Striving to be the best in everything they do.
• Service: Satisfying customers every time.
• Teamwork: Collaborating, trusting, supporting, and committing.
• Innovation: Being a student of the business to initiate and foster new ideas.
• Community: Embracing diversity and acting responsibly for customers, associates, investors, and communities.

Financial Highlights

• Revenue: US$ 8.0 billion (2020)
• Operating Income: US$ 659 million (2020)
• Net Income: US$ 491 million (2020)

Historical Background

Foot Locker, Inc. is a successor corporation to the F. W. Woolworth Company, which changed its name to Foot Locker in 2001. The company's roots date back to 1879, showcasing a long-standing tradition in the retail space.

Online and Omni-channel Presence

The firm utilizes its omni-channel capabilities to bridge the digital world and physical stores, offering services like order-in-store, buy online and pickup-in-store, and buy online and ship-from-store, as well as e-commerce.