Foot Locker The Global Heart of Sneaker Culture and Omnichannel Innovation Founded in 1974 and headquartered in St. Petersburg, Florida (following a 2025 corporate relocation), Foot Locker is a premier global Specialty Anchor for Tier-1 Regional Malls, High-Streets, and Lifestyle Centers. Under the leadership of CEO Mary Dillon, the brand is executing its transformative "Lace Up Plan," which targets over $9.5 billion in annual revenue by 2026. This strategy is defined by a massive fleet optimization closing approximately 400 underperforming mall stores by 2026 while opening 300+ "Power Stores" and "Community Stores" in off-mall locations. The 2026 retail concept, "Reimagined," creates an immersive social hub featuring "Drop Zones" for high-heat releases, "Sneaker Hubs" for lacing customization, and "Home Court" multi-brand basketball experiences developed with Nike. For landlords and developers, Foot Locker offers a high-traffic, multi-generational draw and a robust credit profile. The brand's focus on "Off-Mall" expansion (targeting 50% of North American square footage by 2026) makes it an ideal candidate for high-density suburban developments and urban lifestyle hubs where it serves as the definitive home for sneaker culture and performance sport.