Profile: Foot Locker Inc (FL.N)

FL.N on New York Stock Exchange

56.91USD
25 Nov 2014
Price Change (% chg)

$0.48 (+0.85%)
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$56.43
Open
$56.78
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Volume
3,042,260
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428,223
52-wk High
$59.16
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$36.65

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Foot Locker, Inc., incorporated on April 7, 1989, is a global retailer of athletic shoes and apparel. As of August 02, 2014, the Company operated 3,460 stores, including 74 franchised stores. The Company, through its subsidiaries, operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction and SIX:02, as well as the retail stores of Runners Point Group, including Runners Point, Sidestep and Run2. The Direct-to-Customers segment operates the websites for eastbay.com, final-score.com, eastbayteamsales.com, ccs.com, as well as websites aligned with the brand names of its store banners (footlocker.com, ladyfootlocker.com, kidsfootlocker.com, champssports.com, footaction.com, and six02.com).

Gross square footage and total selling area for the Athletic Stores segment as of December 31, 2013 was approximately 12.71 and 7.47 million square feet, respectively. These properties, which are primarily leased, are located in the United States, Canada, various European countries, Australia and New Zealand. The Company operates six distribution centers, of which three are owned and three are leased, occupying an aggregate of 2.6 million square feet. Three distribution centers are located in the United States, two in Germany and one in the Netherlands.

Athletic Stores

The Athletic Stores segment is an athletic footwear and apparel retailer with formats that include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction and SIX:02. It also includes the retail stores of Runners Point Group, including Runners Point, Sidestep and Run2. Foot Locker is a global athletic footwear and apparel retailer. Its stores offer the products manufactured primarily by the athletic brands. Foot Locker offers products for a variety of activities, including basketball, running and training. Additionally, the Company operates 127 House of Hoops, primarily a shop-in-shop concept, which sells basketball inspired products. Foot Locker’s 1,868 stores are located in 23 countries, including 1,044 in the United States, Puerto Rico, the United States Virgin Islands and Guam, 128 in Canada, 604 in Europe, and a combined 92 in Australia and New Zealand. The domestic stores have an average of 2,400 selling square feet and the international stores have an average of 1,500 selling square feet. Lady Foot Locker is a retailer of athletic footwear, apparel and accessories for women. Its stores carry athletic footwear and apparel brands, as well as casual wear and an assortment of apparel designed for a variety of activities, including running, walking, training and fitness. SIX:02 is a retail concept featuring brands in fitness apparel and athletic footwear for women for a variety of activities, including CrossFit, yoga, strength training, and dance. Lady Foot Locker and SIX:02 operate 250 and seven stores, respectively, and are located in the United States, Puerto Rico and the United States Virgin Islands. These stores have an average of 1,400 selling square feet.

Kids Foot Locker is a children’s athletic retailer that offers a selection of brand-name athletic footwear, apparel and accessories for children. Its 336 stores are located in the United States, Puerto Rico, the United States Virgin Islands, Europe and Canada. These stores have an average of 1,400 selling square feet. Champs Sports is a mall-based specialty athletic footwear and apparel retailers in North America. Its product categories include athletic footwear and apparel, and sport-lifestyle inspired accessories. Its 542 stores are located throughout the United States, Canada, Puerto Rico and the United States Virgin Islands. The Champs Sports stores have an average of 3,500 selling square feet. Footaction is a national athletic footwear and apparel retailer. Its 277 stores are located throughout the United States and Puerto Rico and focus on marquee footwear and branded apparel. The Footaction stores have an average of 2,900 selling square feet. The Athletic Stores Segment includes the retail stores of Runners Point Group, including Runners Point, which specializes in running footwear, sneakers, running apparel and equipment; Sidestep, a sports fashion footwear banner, and Run2, a concept aimed at the high performance serious runner. Runners Point, Sidestep and Run2 operate 100, 78 and 15 stores, respectively. These stores are located in Germany, Austria and the Netherlands and have an average of 1,100 selling square feet.

Direct-to-Customers

The Company’s Direct-to-Customers segment is multi-branded and multi-channeled. This segment sells, through its affiliates, directly to customers through the Company’s Websites, mobile devices and catalogs. The Direct-to-Customers segment operates the Websites for eastbay.com, final-score.com, eastbayteamservices.com, ccs.com, as well as Websites aligned with the brand names of its store banners (footlocker.com, ladyfootlocker.com, six02.com, kidsfootlocker.com, footaction.com and champssports.com). Additionally, this segment includes Tredex, the direct-to-customer subsidiary of Runners Point Group, which operates the Websites for runnerspoint.com, sidestep-sneakers.com and sp24.com. Eastbay is a direct marketer in the United States, providing the high school athlete with a sports solution, including athletic footwear, apparel, equipment, team licensed, and private-label merchandise for a range of sports. CCS is an Internet and catalog retailer of skateboard equipment, apparel, footwear, and accessories. It serves the needs of the 12-24 year old seeking an authentic board lifestyle shop.

Company Address

Foot Locker Inc

112 West 34th Street
NEW YORK   NY   10120
P: +1212.7204477
F: +1212.5537026

Company Web Links

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