| Footlocker.com is a leading retailer
of athletic footwear, apparel and equipment through its catalogs and
e-commerce websites. In 1997, the Company purchased Eastbay, a
well-established catalog operation, to increase its market share by
selling direct to customers. Eastbay’s loyal customer base is more
interested in purchasing technically- based, sports-related products
than the consumer who typically shops in Foot Locker, Inc.’s stores.
By leveraging Eastbay’s infrastructure, the Company was able to
expand this division rapidly over the past several years into
on-line retailing.
Footlocker.com has also developed relationships with several highly recognizable third parties to provide development, merchandising, fulfillment and customer service. These third parties include the Arena Football League, Amazon.com, the United States Olympic Committee, ESPN and several of the Company’s key suppliers. Footlocker.com’s objective over the coming years is to continue its record of profitable growth by identifying and implementing new opportunities for expansion. These opportunities may include offering an expanded assortment of product categories through the Company’s websites, forging new third-party relationships and identifying compatible companies to acquire. At the same time, Footlocker. com is committed to continuing to provide its existing customer base with the best selection of fashion-forward and technically-based athletic footwear and apparel, as well as selected offerings of sporting goods and accessories through user-friendly catalogs and websites. |
