Foot Locker 2008 Annual Report Download - page 17

1
PART I
Item 1. Business
General
Foot Locker, Inc., incorporated under the laws of the State of New York in 1989, is a leading global retailer
of athletic footwear and apparel, operating 3,641 primarily mall-based stores in the United States, Canada, Europe,
Australia, and New Zealand as of January 31, 2009. Foot Locker, Inc. and its subsidiaries hereafter are referred to as
the “Registrant,” “Company” or “we.” Information regarding the business is contained under the “Business Overview”
section in “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
The Company maintains a website on the Internet at www.footlocker-inc.com. The Company’s filings with the
Securities and Exchange Commission, including its annual reports on Form 10-K, quarterly reports on Form 10-Q,
current reports on Form 8-K, and all amendments to those reports are available free of charge through this website
as soon as reasonably practicable after they are filed with or furnished to the SEC by clicking on the “SEC Filings”
link. The Corporate Governance section of the Company’s corporate website contains the Company’s Corporate
Governance Guidelines, Committee Charters, and the Company’s Code of Business Conduct for directors, officers and
employees, including the Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer. Copies of
these documents may also be obtained free of charge upon written request to the Company’s Corporate Secretary
at 112 West 34th Street, New York, NY 10120. The Company intends to disclose promptly amendments to the Code of
Business Conduct and waivers of the Code for directors and executive officers on the Corporate Governance section
of the Company’s corporate website.
The Certification of the Chief Executive Officer required by Section 303A.12(a) of The New York Stock Exchange
Listing Standards relating to the Company’s compliance with The New York Stock Exchange Corporate Governance
Listing Standards was submitted to The New York Stock Exchange on June 6, 2008.
Information Regarding Business Segments and Geographic Areas
The financial information concerning business segments, divisions and geographic areas is contained under
the “Business Overview” and “Segment Information” sections in “Item 7. Management’s Discussion and Analysis of
Financial Condition and Results of Operations.” Information regarding sales, operating results and identifiable assets
of the Company by business segment and by geographic area is contained under the “Segment Information” note in
“Item 8. Consolidated Financial Statements and Supplementary Data.”
The service marks and trademarks appearing on this page and elsewhere in this report (except for dELiA*s,
Alshaya Trading Co. W.L.L., Northern Group, ESPN, Nike, The San Francisco Music Box Company, and U.S. Olympic
Committee) are owned by Foot Locker, Inc. or its subsidiaries.
Employees
The Company and its consolidated subsidiaries had 15,952 full-time and 23,806 part-time employees at
January 31, 2009. The Company considers employee relations to be satisfactory.
Competition
Financial information concerning competition is contained under the “Business Risk” section in the “Financial
Instruments and Risk Management” note in “Item 8. Consolidated Financial Statements and Supplementary Data.”
Merchandise Purchases
Financial information concerning merchandise purchases is contained under the “Liquidity” section in
“Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” and under the
“Business Risk” section in the “Financial Instruments and Risk Management” note in “Item 8. Consolidated Financial
Statements and Supplementary Data.”