NEWS RELEASE

Contact:John A. Maurer
Vice President,
Treasurer and Investor Relations
Foot Locker, Inc.
(212) 720-4092

FOOT LOCKER, INC. NAMES PAWAN VERMA AS SENIOR VICE PRESIDENT AND CHIEF INFORMATION OFFICER

NEW YORK, NY, July 30, 2015 - Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, announced today the appointment of Pawan Verma as Senior Vice President and Chief Information Officer, effective August 10. Verma succeeds Peter Brown, who retired in April after 38 years with the company.

Verma will oversee the company's global information technology functions and infrastructure, and provide leadership and vision to align technology with strategic business initiatives. "Foot Locker has set ambitious goals for our financial and operational performance for the next several years, and we recognize the vital importance that technological leadership will play in that success," said Richard Johnson, President and Chief Executive Officer of Foot Locker, Inc. "We are pleased to have Pawan join the team to drive the next generation of technology to support our connection with our consumers around the world."

Verma joins Foot Locker, Inc. from Target Corporation, where he has worked since 2013, most recently serving as Vice President, Digital and Marketing Technologies and Services Platforms, based in Minneapolis, Minnesota. Verma brings to Foot Locker an extensive background in retail systems strategy, design, and implementation, and has prior eCommerce, mobile, and retail software development experience from roles with Convergys Corporation and Verizon Wireless.

Verma holds degrees from Dr. Hari Singh Gour University and Dr. B. Ambedkar Marathwada University in India and holds an MBA from Kent State University, Ohio.

"I'm excited to join the Foot Locker team and to partner on the next generation of technology solutions to drive fully integrated brick and mortar and digital platforms," said Verma. "Foot Locker is known for its commitment to its customers, and I see a great opportunity to elevate that customer experience even further."

Foot Locker, Inc. is a specialty athletic retailer that, as of May 2, 2015, operated 3,419 stores in 23 countries in North America, Europe, Australia, and New Zealand. Through its Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker, Champs Sports, SIX:02, Runners Point, and Sidestep retail stores, as well as its direct-tocustomer channels, including Eastbay.com, footlocker.com, and SIX02.com, the Company is a leading provider of athletic footwear and apparel.



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Foot Locker, Inc. 112 West 34th Street, New York, NY 10120

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