Foot Locker Moving Corporate Headquarters From NYC To FL

ST. PETERSBURG, FL — Foot Locker, a Fortunate 500 company, announced Wednesday that it will relocate its global corporate headquarters from New York City to St. Petersburg.

The move will bring about 150 jobs to the city, Mayor Ken Welch wrote in a Facebook post.

“Foot Locker joins the ranks of Jabil and Raymond James as the third Fortune 500 company in St. Pete, further diversifying our workforce and fueling our economic growth,” the mayor wrote.

The company is expected to make its move in late 2025 and is working with JLL’s Location Economics Practice to find a new site for its headquarters, according to a news release from the city.

"What this really does is build on what already is a very meaningful commercial and executive team presence in the St. Pete market. We have a large center of gravity there already [we] have a large concentration of folks there already, and we think it's a great place for us to continue to grow and do business and continue to attract top talent,” Mary Dillon, Foot Locker president and CEO, said during an earnings call, according to the city. “We will maintain a limited presence only in New York, but we will have a presence connecting us to sneaker culture, sports, fashion. We think this is going to continue to give us better opportunities, both for further collaboration across the business, and there's some financial benefit over time as well."

Foot Locker executives also said its relocation will save the company money.

“To better support our strategic progress, to increase team member collaboration, as well as ongoing expense discipline, we made the decision to relocate our headquarters to St. Petersburg, Fla.,” Dillon said in a statement to the New York Post

City leaders told St. Pete Catalyst that the planned redevelopment of the Historic Gas Plant District, including Tropicana Field, likely played a role in Foot Locker’s decision to come to St. Pete.

“I do think it’s a great example of what this type of development and excitement in the international community can bring to our city,” Brian Caper, the city’s economic & workplace development director, said. “And I think this is a really good sign of things to come in the city.”