The Company developed its namesake brand, Foot Locker, in 1974 to offer athletic footwear and apparel through specialty retail stores. Since its inception, Foot Locker has become a highly recognized, preferred destination for multicultural, youthful consumers who desire unique, branded athletic product to fit their individual lifestyles, whether for fashion or function.

Through an agreement with a third-party franchisee, Foot Locker franchised stores have been opened in the Middle East. Over the next several years, the Company expects that 75 Foot Locker franchised stores will be operating in this region. Additional franchised operations may be pursued over time.