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foot locker inc (FOOTL) Details

Foot Locker, Inc., together with its subsidiaries, operates as a retailer of athletic footwear and apparel. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, and SIX:02, as well as Runners Point, Sidestep, and Run2. As of February 1, 2014, it operated 3,473 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand. The Direct-to-Customers segment sell athletic footwear, apparel, equipment, team licensed products, private-label merchandise, and accessories through Internet Websites, catalogs, and mobile devices. The company also provides franchise licenses to open and operate its Foot Locker stores in the Republic of Korea and the Middle East; and Runners Point and Stepside stores in Germany and Switzerland. It operated 73 franchised stores. Foot Locker, Inc. was founded in 1879 and is headquartered in New York, New York.

Founded in 1879

foot locker inc (FOOTL) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $537.5K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $887.5K
Executive Vice President of Operations Suppor...
Total Annual Compensation: $650.0K
Chief Human Resources Officer and Senior Vice...
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2013.

foot locker inc (FOOTL) Key Developments

Foot Locker, Inc. Declares Quarterly Cash Dividend for Common Stock, Payable on October 31, 2014

Foot Locker, Inc. announced that its Board of Directors declared a quarterly cash dividend on the company's common stock of $0.22 per share, which will be payable on October 31, 2014 to shareholders of record on October 17, 2014.

Advent Reportedly Eyes Lorna Jane

Advent International Corporation has attracted interest from Foot Locker, Inc. (NYSE:FL) and private equity firms, according to sources. Advent International Corporation and Bain Capital, LLC are among potential buyers submitting first-round bids for Lorna Jane Pty Ltd. Lorna Jane has hired investment bankers Credit Suisse to sell itself. Its owners include CHAMP Ventures Pty Ltd and Co-Founders Lorna and Bill Clarkson. It was possible that the founders could keep a stake in the company, sources said.

Foot Locker, Inc. Approves Amendment to Certificate of Incorporation

At the annual shareholders meeting of Foot Locker, Inc. held on May 21, 2014, shareholders approved an amendment to the Certificate of Incorporation.


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