Foot Locker

# 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.