St. Pete Standard

Foot Locker, Inc. has announced the relocation of its global headquarters from New York City to St. Petersburg, Florida. The move is part of a strategic effort by the company to consolidate its operations and leverage opportunities in a new environment.

The relocation is expected to take place over the next two years, with the company maintaining a presence in New York during this transition period. "We are excited about this new chapter for Foot Locker," said Mary Dillon, President and CEO of Foot Locker, Inc. "This move will allow us to operate more efficiently while continuing to serve our customers effectively."

St. Petersburg has been chosen due to its business-friendly climate and access to talent pools that align with Foot Locker's growth strategies. The city offers a favorable environment for companies seeking expansion and innovation.

As part of the transition plan, Foot Locker will ensure that employees affected by the move receive support through relocation packages or other assistance as needed. This commitment underscores Foot Locker's dedication to its workforce during this significant change.

"We believe that St. Petersburg provides an excellent backdrop for our future endeavors," Dillon added. "Our goal is not only to enhance our operational capabilities but also to contribute positively to the community we will now call home."