BNET Industries
Footstar Inc. (FTAR) is in the Retail Industry
- Revenue
- Dec 29 2007
- $637.0M
- Profit
- Dec 29 2007
- $52.0M
- Market Cap
- Oct 09 2008
- $73.6M
Latest News and Analysis
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BellwetherReport.com Analyst Report on AYSI, FRHV, UOMO and FTAR
BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have once again scheduled interviews with a...
Footstar Directors Re-Elected by Shareholders at Annual Meeting
MAHWAH, N.J. -- Footstar, Inc. today announced that, based on voting results from the Company's Annual Meeting held on June 17, 2008, shareholders have re-elected the Company's two Directors, Adam Finerman and Gerald Kelly, to the Footstar Board. "On behalf of Footstar's Board of Directors,...
Footstar Responds to Outpoint's Disingenuous and Desperate Claims
MAHWAH, N.J. -- Footstar, Inc. issued the following statement in response to a press release issued by Outpoint Group earlier today: "Outpoint's disingenuous press release is a clear sign of desperation as we approach Footstar's Annual Meeting on June 17th. "Outpoint's so-called 'discovery'...
Footstar Chairman Jonathan Couchman Serves on Golf Trust of America Board of Directors That Abandoned Its Liquidation Plan Last Year after a Six Year Wind-Down Period to Become a SPAC
NEW YORK -- Outpoint Group believes that it is significant that although Footstar's definitive proxy statement on Schedule 14A discloses that Footstar Chairman Jonathan Couchman serves as a director of a company called Golf Trust of America, Inc., it does not disclose the fact that Golf Trust...
Footstar Issues Open Letter to Shareholders
MAHWAH, N.J. -- The second bulleted point should read: Generating a 120% increase in stock price including distributions paid since Footstar emerged from bankruptcy in 2006 (sted xxx 2007). The corrected release reads: FOOTSTAR ISSUES OPEN LETTER TO SHAREHOLDERS Footstar, Inc....
The Outpoint Group Notes ISS Riskmetrics' Concerns Regarding Actions of Footstar's Board of Directors
NEW YORK -- In response to Footstar's press release issued on June 6, 2008 regarding the decisions of ISS Riskmetrics and Glass Lewis, the Outpoint Group thinks it imperative to point out to the stockholders that despite ultimately coming out in favor of Footstar's nominees, due largely...
ISS RiskMetrics and Glass Lewis Recommend Footstar Shareholders Vote the WHITE Proxy Card in Favor of Company's Director Nominees
MAHWAH, N.J. -- Footstar, Inc. today welcomed the recommendations from both ISS RiskMetrics and Glass, Lewis & Co. - the nation's two leading independent proxy voting advisory firms -that shareholders vote on the WHITE proxy card solicited by Footstar management FOR its two director nominees, Adam Finerman...
Footstar Comments on Tax Treatment of Special Distribution
MAHWAH, N.J. -- Footstar, Inc. today announced it has received a tax opinion from a nationally recognized firm that the $1 per share special distribution, paid on June 3, 2008 to shareholders of record on May 28, 2008, more likely than not qualifies as a liquidating distribution...
Outpoint Announces It Will Not Seek Reimbursement for Any Expenses Should Its Nominees Be Elected
NEW YORK -- In connection with its solicitation of proxies to elect a minority slate of two highly qualified nominees to the 8-member Board of Directors of Footstar, Inc. (OTCBB: FTAR) at its annual meeting on June 17, 2008, the Outpoint Group has announced that it will...
Footstar Declares Special $1.00 Per Share Cash Distribution
MAHWAH, N.J. -- Footstar, Inc. today announced that its Board of Directors has declared a special cash distribution to shareholders of $1.00 per common share. The Company also said that it is proceeding with steps to prepare for the previously reported, anticipated wind-down of its business in 2009. ...
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Harbinger Capital Partners Files Preliminary Proxy Materials to Elect Seven Nominees to Ryerson's Board of Directors
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Footstar Inc: Fiscal Update.
M2 PRESSWIRE-29 March 2007-Pinnacle Digest: Footstar Inc: Fiscal UpdateC1994-2007 M2 COMMUNICATIONS LTD RDATE:29032007 Footstar Inc (OTCBB: FTAR) experienced a loss in the markets Wednesday, as shareholders witnessed their company's share value decrease a slight 0.12 following the exchange of 433,271 shares...
Tuesday Midday News: FTAR, GOPG, NMKT, PCBP, KNEC, GIAS.
M2 PRESSWIRE-28 March 2007-Financialbusinessnews.us: Tuesday Midday News: FTAR, GOPG, NMKT, PCBP, KNEC, GIASC1994-2007 M2 COMMUNICATIONS LTD RDATE:27032007 Boston, MA - , Inc. (Pink Sheets: FTAR); GlobalOptions Group, Inc. (OTCBB: GOPG); NewMarket Technology, Inc. (OTCBB: NMKT); Premier Commercial Bancorp (OTCBB: PCBP);...
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Footstar Declares Special Distribution
MAHWAH, N.J. -- Footstar, Inc. today announced that its Board of Directors has declared a special cash distribution to shareholders in the amount of $5.00 per common share. The distribution will be paid on April 30, 2007 to shareholders of record at the close of business on April 13, 2007....
Harbinger Capital Partners Discloses Nomination of Seven Director Candidates for Ryerson Inc.'s Board
Challenges Current Board's Track Record in Management Oversight and Shareholder Value Creation; Proposes Slate of Independent Nominees with Industry and Distribution Experience to Strengthen Board and Guide Management NEW YORK -- Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund,...
Stockioi watch list for: Friday, August 11, 2006 segment 2.
M2 PRESSWIRE-11 August 2006-stockioi: Stockioi watch list for: Friday, August 11, 2006 segment 2C1994-2006 M2 COMMUNICATIONS LTD RDATE:11082006 New York - Stockioi Alerts for Friday include: (OTCBB:FTAR), (OTCBB:EDNE), (OTCBB:EGLY), (OTCBB:HIET) (OTCBB:FTAR) Footstar, Inc. through its subsidiary, Meldisco, sells ...
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- Incorporated: 1996
- CEO: Mr. Jeffery A. Shepard
- Employees: 1,084
Footstar is engaged in selling family footwear through licensed footwear departments and wholesale arrangements. As of Dec 30 2006, Co. operated licensed footwear departments in 1,392 Kmart stores and in 854 Rite Aid drugstores. Co.'s licensed footwear operation sells family footwear and lower-priced basic and seasonal footwear in Kmart and Rite Aid stores. In its licensed footwear departments, Co. generally sells a range of family footwear, including men's, women's and children's dress, casual and athletic footwear, work shoes and slippers. Brands available at Co.'s operations include Thom McAn, Cobbie Cuddlers and Texas Steer (which are each Company-owned) and Route 66 and Basic Editions.
Key Competitors
Footstar Inc. Company Info
Board of Directors
Mr. Jonathan M. Couchman
Chairman
Mr. Michael O'Hara
Mr. Steven D. Scheiwe
Mr. Alan I. Weinstein
Mr. Eugene I. Davis
Mr. Adam W. Finerman
Mr. Alan Kelly
Mr. Gerald F. Kelly Jr.
Mr. Jeffery A. Shepard
Contact Information
933 MacArthur Blvd.
Mahwah, NJ
201 934-2000
NAICS Code
Shoe Stores: 448210Brought to you by IBM
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