- Footstar
:"For the browser game known as Footstar, see "
Planetarium Football Star "."Infobox Company
company_name = Footstar, Inc.
company_type = Public Pinksheets|FTAR
foundation =1996
location = 933 Macarthur BoulevardMahwah, New Jersey
United States
num_employees = 1,398 (2005 )
homepage = [http://www.footstar.com/ www.footstar.com]Footstar is a
shoe retailer based inMahwah, New Jersey . After a 2005 restructuring, it principally conducts business through itsMeldisco Segment which sells and operates family footwear stores principally withinKmart stores as part of Footstar's Shoemart unit. Under a July 2005 agreement with Kmart, Footstar will continue operating stores within Kmart until December 31, 2008 at which point Footstar will sell the remaining inventory to Kmart and wind down the business. The company also distributes its ownThom McAn brand of leather footwear.Footstar emerged from Chapter 11
bankruptcy on February 6, 2006. The company is currently traded under the symbol "FTAR" on thePink Sheets .Financial difficulties
The company entered Chapter 11 in March 2004. Prior to bankruptcy, the company had an additional Athletic Segment which sold athletic footwear and apparel through various retail chains (for example, Footaction and
Just For Feet ), and via catalogs and the Internet.=References=
* [http://www.sec.gov/Archives/edgar/data/1011308/000090951806000034/jd1-5ex_99.txt Footstar November 2005 Monthly Operating Report]
* [http://www.sec.gov/Archives/edgar/data/1011308/000090951806000164/jd2-13ex99_1.txt Footstar February 2006 Press Release]
* [http://finance.yahoo.com/q/pr?s=FTSTQ.PK Yahoo! Footstar profile]External links
* [http://www.footstar.com Footstar Official Website]
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