Foot Locker 2010 Annual Report Download - page 20

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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 3,426 primarily mall-based stores in the United States, Canada, Europe,
Australia, and New Zealand as of January 29, 2011. Foot Locker, Inc. and its subsidiaries hereafter are referred to
as the ‘‘Registrant,’’ ‘‘Company,’’ ‘‘we,’’ ‘‘our,’’ or ‘‘us.’’ 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 34
th
Street, New York, NY 10120. The Company intends to promptly disclose
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.
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 Nike, Inc.,
Alshaya Trading Co. W.L.L., and Northern Group) are owned by Foot Locker, Inc. or its subsidiaries.
Employees
The Company and its consolidated subsidiaries had 12,688 full-time and 25,319 part-time employees at
January 29, 2011. 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.’’
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