AUGUST 30, 2024 — ANOTHER EARLY WARNING: FOOT LOCKER MOVING HEADQUARTERS FROM NEW YORK TO FLORIDA
March 2023 — Foot Locker introduced its “Lace-Up Plan,” which included reassessing the company’s real estate footprint as part of its cost containment and growth initiative.
August 2024 — A company spokesman announced, “To further support strategic progress against the Lace Up 2Plan, Foot Locker, Inc. is also announcing that it will move its global headquarters to St. Petersburg, Florida, in late 2025.”
The handwriting for New York employees is on the wall.
NOVEMBER 7, 2022 — Original post…
New York, New York-based Foot Locker, a sportswear and footwear retailer, has announced its intention to close its Wausau, Wisconsin, distribution facility by the end of April 2023.
The closure will impact 210 employees. According to the company's schedule, the first layoffs will include 162 employees on January 31, 2023, and the second round of layoffs will include 48 employees and will be completed before the end of April 2023.
The company's statement noted Foot Locker, Inc. has identified opportunities to optimize our U.S. distribution network to serve our customers nationwide more efficiently and effectively. As a result, we are phasing out distribution operations at our Wausau, Wisconsin facility, beginning on January 31, 2023, and closing this facility on or about April 30, 2023. The entire facility will be closed, all employees at the facility will be affected, and this closure is expected to be permanent.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?