NEW YORK, April 21 /PRNewswire-FirstCall/ -- Foot Locker, Inc. (NYSE: FL),
the New York-based specialty athletic retailer, announced today that it has
donated a total of 82,500 pairs of athletic footwear to Save the Children, a
leading independent organization creating real and lasting change for children
in need in the United States and around the world.
Foot Locker, Inc. is providing 68,500 pairs of athletic footwear to the
Save the Children relief effort in Banda Aceh, Indonesia. The product was
shipped via P&O Nedlloyd, who donated the ocean transportation in support of
this worthy cause.
"We were clearly shocked and saddened by the tsunami disaster that has
severely impacted so many people, particularly in the coastal areas of the
Indian Ocean," stated Matthew D. Serra, Chief Executive Officer and Chairman
of Foot Locker, Inc. "Our Company recognizes its ongoing sense of
responsibility of providing assistance, as needed, in the communities where we
operate around the world. I am pleased that Rick Mina, President and Chief
Executive Officer of Foot Locker, Inc. - U.S.A., and his team were able to
arrange this partnership with Save the Children and P&O Nedlloyd to assist
with these relief efforts."
"We greatly appreciate the outpouring of support and generosity Foot
Locker has given to help the children and families affected by the tsunami,"
said Charles MacCormack, president and CEO of Save the Children.
In addition, Foot Locker, Inc. also donated 14,000 pairs of athletic
footwear to needy children who participate in Save the Children's US Programs.
The program serves the neediest children in 13 states in rural America with
literacy & physical health and nutrition programming.
Foot Locker, Inc. is a specialty athletic retailer that operates
approximately 4,000 athletic retail stores in 18 countries in North America,
Europe and Australia. Through its Foot Locker, Footaction, Lady Foot Locker,
Kids Foot Locker and Champs Sports retail stores, as well as its direct-to-
customer channel Footlocker.com/Eastbay, the Company is the leading provider
of athletic footwear and apparel.
Save the Children ( http://www.savethechildren.org ) is the leading
independent organization that creates real and lasting change in the lives of
children in need both in the United States and around the world. Information
concerning Save the Children Federation, Inc., including financial, licensing
or charitable purpose(s) may be obtained, without cost, by writing to Save the
Children Federation, Inc., Corporate Secretary, 54 Wilton Road, Westport,
Connecticut 06880, by calling 1-800-728-3843 or by visiting us at
http://www.savethechildren.org
Disclosure Regarding Forward-Looking Statements
This press release contains forward-looking statements, which reflect
management's current views of future events and financial performance. These
forward-looking statements are based on many assumptions and factors detailed
in the Company's filings with the Securities and Exchange Commission,
including the effects of currency fluctuations, customer demand, fashion
trends, competitive market forces, uncertainties related to the effect of
competitive products and pricing, customer acceptance of the Company's
merchandise mix and retail locations, the Company's reliance on a few key
vendors for a majority of its merchandise purchases (including a significant
portion from one key vendor), unseasonable weather, risks associated with
foreign global sourcing, including political instability, changes in import
regulations, disruptions to transportation services and distribution, economic
conditions worldwide, any changes in business, political and economic
conditions due to the threat of future terrorist activities in the United
States or in other parts of the world and related U.S. military action
overseas, the ability of the Company to execute its business plans effectively
with regard to each of its business units. Any changes in such assumptions or
factors could produce significantly different results. The Company undertakes
no obligation to update forward-looking statements, whether as a result of new
information, future events, or otherwise.
SOURCE Foot Locker, Inc.
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Related links: http://www.footlocker-inc.com http://www.savethechildren.org
Company News On-Call: http://www.prnewswire.com/comp/120620.html
CONTACT: Peter D. Brown, Vice President, Treasurer, and Investor Relations of Foot Locker, Inc., +1-212-720-4254
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