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Gina Ammerman Section 401 September 29, 2008. Foot locker inc. Jump to company executives. Company Description . Main Headquarters: New York, New York Leading retailer of athletic shoes and apparel
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Gina Ammerman Section 401 September 29, 2008 Foot locker inc.
Jump to company executives Company Description • Main Headquarters: New York, New York • Leading retailer of athletic shoes and apparel • Has about 3,800 specialty stores in 20 countries in North America, Europe, Australia, and New Zealand • Also Operates: • Lady Foot Locker • Kids Foot Locker • Champs Sports • athletic wear retail chain • Eastbay • a catalog retailer of athletic equipment and apparel • Footlocker.com website Gina Ammerman Section 401
Company History • Frank Winfield Woolworth • Founder of Woolworth Corporation • Transformed the idea of 5 and 10 cent store into international retail • Utica, New York • Poor location • Eventually closed – June 1879 • Lancaster, Pennsylvania • Successful location • Led to the opening of new outlets • Opening of Woolco - 1962 • Response to changing retail environment • Leading competitor: Kmart • Struggled to keep up with competition • 1993: All 122 Woolco stores sold to Wal-Mart • Restructuring Woolworth Corporation • Focused on creating a specialty store • Changed company name to The Venator Group - 1999 • Latin word for sportsman • “A global team of retailers…..invigorated by the challenge of winning in the world’s marketplace” • Changed company name to Foot Locker Inc. – 2001 Gina Ammerman Section 401
Information Available on Website:Footlocker.com Gina Ammerman Section 401
Brands Offered at Foot Locker • Jordan • Nike • Adidas • Puma • Converse • Reebok • Asics • New Balance • Rocawear • South Pole • Timberland • K-swiss • Saucony • Nike SPARQ • Fila • Mizuno • Pastry • Fossil Gina Ammerman Section 401
Top Competitors • The output of US shoe and other leather product manufacturing is forecast to grow at an annual compounded rate of 2.9 percent between 2007 and 2012. • Foot Locker competitors are primarily in the Apparel & Accessories Retail industry. Foot Locker also competes in the Non-store Retail, and Sporting & Recreational Equipment Retail sectors. • Foot Locker leads the pack in the race to capture the biggest share of the athletic footwear market. Gina Ammerman Section 401
Stock Trend Gina Ammerman Section 401
Jump to company description Executive Hierarchy • Age: 49 • Salary: $500,000 • Age: 63 • Salary: $1,500,000 • Age: 56 • Salary: $517,400 Gina Ammerman Section 401
For product information go to: For company information go to: www.footlocker.comwww.hoover.comkeyword: foot locker inc. www.finance.yahoo.com For financial information go to: Gina Ammerman Section 401