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.