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The company operates the eponymous “Foot Locker” chain of athletic footwear retail outlets (along with “Kids Foot Locker” and “Lady Foot Locker” stores), and other athletic-based divisions including Champs Sports, Footaction USA, House of Hoops, and Eastbay/Footlocker.com, which owns the rights to Final-Score.
Founded in 1972 on Madison Avenue in New York City, PONY was created by Uruguayan-born [3] industry veteran Roberto Muller, along with financing provided by Adidas Chairman Horst Dassler. The company's name is an acronym for Product of New York. [4] During the late 1970s and early 1980s, Pony became one of the top athletic brands worldwide.
Champs Sports was acquired in the 1980s by the Woolworth Corporation, then a specialty store division of the F. W. Woolworth Company.It, along with Foot Locker (which was owned by Woolworth and is now the name of the company that succeeded Woolworth), sold athletic merchandise, replacing the five and dime and department store concepts with the increasing specialty store concept.
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