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Eastbay's parent company, F.W. Woolworth Company, also underwent a major revision, being reorganized as Venator Group in 1997 and changing its name in 2001 to Foot Locker, Inc. [2] In 2022, Foot Locker announced that Eastbay and its distribution center in Wausau would permanently close during the first half of 2023, resulting in 210 layoffs.
The company now known as WSS traces its roots to 1977 when Eric Alon first sold shoes at a swap meet. The first brick & mortar store opened in 1984 and as of 2018, Alon was still with the company in an executive and ownership role. WSS primarily serves the urban and Latino communities, which has been a large reason for their growth. [3]
Although established in 1974, and founded as a separate company in 1988, Foot Locker's roots date to 1879, as it is a successor corporation to the F. W. Woolworth Company (“Woolworth's”), which changed its name to Foot Locker in 2001, as many of its freestanding stores were Kinney Shoes and Woolworth's locations. [3]
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