| Business Summary | | Footstar,
Inc.
is
a
holding
company,
which
directly
or
indirectly,
through
its
wholly
owned
subsidiaries,
owns
the
capital
stock
of
the
subsidiaries
that
operate
its
Meldisco,
Footaction
and
Just
For
Feet
businesses
and
its
discontinued
Thom
McAn
segment.
The
Company
is
principally
a
specialty
retailer
conducting
business
in
the
discount
footwear
segment
through
its
Meldisco
business
and
the
branded
athletic
footwear
and
apparel
segment
through
its
Footaction
and
Just
For
Feet
businesses.
Footaction
stores
carry
athletic
footwear
and
outdoor
brands
including
Nike,
Reebok,
Fila,
Adidas,
New
Balance
and
Timberland.
Footaction
offers
apparel
and
accessories
including
warm-up
suits,
T-shirts,
athletic
shorts,
caps,
socks
and
shoe
care
products.
Meldisco
operates
licensed
footwear
departments
in
Kmart
department
stores
and
Rite
Aid
stores. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Footstar,
Inc.
is
a
holding
company,
which
directly
or
indirectly,
through
its
wholly-owned
subsidiaries;
owns
the
capital
stock
of
the
subsidiaries
that
operate
its
Meldisco,
Footaction
and
Just
for
Feet
businesses.
For
the
26
weeks
ended
6/30/01,
net
sales
rose
13%
to
$1.17
billion.
Net
income
fell
34%
to
$12
million.
Results
reflect
the
addition
of
Just
For
Feet
and
higher
same
store
sales,
offset
by
increased
stores
operating
and
depreciation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| J. Robinson, 54 Chairman,
CEO, Pres | $1.8M | Steve Wilson CFO, Exec. VP | -- | Tom Baumlin Sr.
VP-Fin. | -- | Joe Caracappa Sr.
VP, CIO | -- | Maureen Richards, 43 Sr.
VP, Gen. Counsel | 477K | Dollar amounts are as of 1-Jan-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|