Foot Locker 2006 Annual Report Download - page 13

Download and view the complete annual report

Please find page 13 of the 2006 Foot Locker annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 96

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96

OTHER CORPORATE SERVICES
The Company’s corporate staff also
includes various departments whose
associates have extensive expertise
in the areas of fi nance, information
systems and technology, human
resources, legal and other corpo-
rate shared services. This shared
infrastructure allows the Company
to support its operating divisions
with experienced professionals in a
cost-effective manner by capitalizing
on effi ciencies of scale. Operating
on a centralized basis also helps to
ensure that internal standards are
consistently applied across its various
businesses.
11
Footlocker.com is a leading retailer of athletic footwear,
apparel and equipment through its catalogs and e-com-
merce websites. In 1997, the Company purchased East-
bay, 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 technical-
ly-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 devel-
opment, merchandising, fullfi llment 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 profi table growth by identifying and
implementing new opportunities for expansion. These op-
portunities may include offering an expanded assortment
of product categories through the Company’s websites,
forging new third-party relationships and identifying com-
patible companies to acquire. At the same time, Footlock-
er.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 accesso-
ries through user-friendly catalogs and websites.
Footlocker.com is committed to continuing to provide its existing customer
base with the best selection of fashion-forward and technically-based athletic
footwear, apparel and equipment through user-friendly catalogs and websites.