Foot locker, Inc.

Foot Locker History

Shoe retailer Foot Locker was known as the Woolworth Corporation until 1998 and until 2001 as Venator Group Inc. This widely-recognized corporation, as it is known today, has its roots back in 1879 when a man named Frank Winfield Woolworth opened his first five-and-ten store in Utica, New York. Foot Locker is a multinational retailer of athletic shoes with stores and support operations in North America, Europe, Australia, and Asia. The company's holdings include the chains Foot Locker plus the Kids and Lady store versions, Footaction USA, and Champs Sports. Since Woolworth's establishment in 1879, the business has been involved in general merchandising. The company focused on the retailing of athletic footwear and apparel. In 2001 Venator renamed itself after its best-performing specialty chain, the Foot Locker athletic footwear shops.

Subsidiaries

  • Champs Sports
  • Footaction USA
  • Eastbay
  • Kids Footlocker
  • Lady Foot Locker
  • Freedom Sportsline
Many more Foot Locker chains across the globe. 20 countries world wide.

Production

  • Shoes
  • Clothing
  • Accessories
Net Worth of $8.74 Billion & growing

Financial

Foot Locker stock has been on a recent uprise.
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Stock

Foot Locker exchange symbol: FL

52 week low $43.77 52 week high

$63.26


Hulbert rates foot locker more to the green bullish side and any list rate foot locker all the way to the green Bullish side.

Recent News Article

COMPANY NEWS; FOOT LOCKER REPORTS HIGHER PROFIT AND DEAL WITH NIKE

Published: November 21, 2003

Shares of Foot Locker rose 13 percent yesterday after third-quarter profit topped analysts' forecasts and Nike agreed to restart shipments of some of its most popular sneakers, ending a dispute that has hurt both companies' sales. Foot Locker shares climbed $2.46, to $20.76. Nike rose $1.41, to $62.60. Nike said that by late next year it would again begin supplying Foot Locker with some of its so-called launch products, popular shoes that are introduced with advertising campaigns.

Reflection

Knowing what i know about Foot Locker would defiantly still invest in this stock. In our stock market game i have made no losses on Foot Locker and have gained more than $500 in my FootLocker investment. I have learned not to get to cocky and keep waiting on one stock to keep going up and up.