Foot Locker, Inc. history, company profile (overview) and corporate video
Foot Locker, Inc. is a footwear and apparel retailer headquartered in Midtown Manhattan, New York City, United States. It has over 2,700 retail stores in 29 countries across North America, Europe, Asia, Australia, and New Zealand, and a franchised store presence in the Middle East and Asia, Foot Locker, Inc.
HISTORY
In 1963, the F.W. Woolworth Company purchased the Kinney Shoe Corporation and operated it as a subsidiary. In the 1960s, Kinney branched into specialty shoe stores, including Stylco in 1967, Susie Casuals in 1968, and Foot Locker on September 12, 1974 (in Puente Hills Mall in the City of Industry, Calif.).
In 1988, the F.W. Woolworth Company incorporated a separate company called the Woolworth Corporation.
The Woolworth Corporation remained the parent company of Foot Locker, and in 1998 it changed its name to Venator Group, Inc.
In 1998, the company changed its name to Venator Group, Inc.
In 2001, as the Foot Locker brand had become the Woolworth/Venator company’s top-performing line, Venator changed its name to Foot Locker, Inc.
In 2004, Foot Locker acquired the Footaction USA brand and approximately 350 stores from Footstar.
In 2013, the company acquired the German retailer Runners Point Group.
BRANDS
- Foot Locker;
- Kids Foot Locker;
- Champs Sports;
- Atmos;
- WSS;
- Sidestep.
With more than 30,000 employees, Foot Locker Retail, Inc. is considered one of the Largest Public Companies in the World, according to Forbes.
*Information from Forbes.com, Wikipedia.org, www.footlocker-inc.com, and www.footlocker.com.
**Video published on YouTube by “Company Man“