Woolworth Co. was an international booming general and affordable merchandise retail store back in the 1900s that had over 400 stores in the United States, before acquiring other store chains and ending up with over 8000 stores worldwide. Unfortunately, they closed in 1977, and in 2001, they changed their name to Foot Locker, Inc. Foot Locker then grew into a global, American- founded sportswear and footwear retailer that purposed to inspire and empower youth culture through the sneaker community. Does Woolworth take Afterpay?
Yes, they do! Foot Locker (previously known as Woolworth) does take Afterpay. Customers using this service will now have an easier and budget-friendly experience shopping at Foot Locker. But, if you still wonder about Woolworth, it is only in Australia where customers can use Afterpay to buy groceries.
And what is Afterpay?
Afterpay is an Australian- based “buy now, pay later” service that aims to help people spend responsibly without incurring interest, fees, or extended debt. This international company allows customers access to things they want while maintaining financial wellness and control in their online and in-store purchases.
How does it work?
Customers can go online or in-store (of any retailer) but must pick Afterpay as their payment method at checkout. If they went to the former, their purchases will be delivered, and if it is the latter, their Afterpay Card will use to pay 25% of the bill at checkout. The remaining 75% will be paid every two weeks from a debit card.
All about Foot Locker
Foot Locker, Inc., was founded by F. W. Woolworth and Santiago Lopez, in 1974, in California, United States, and is now considered one of the leading athletic footwear and clothing retailers, not only in the United States but also in 28 other countries (like in Europe and Asia). Their headquarters may be in New York City, but they also have over 3,000 stores worldwide as they hope to inspire and empower youth culture through the sneaker community. It operates under its brand as well as similar store types (Footaction, Sidestep, Foot Locker Kids, Lady Foot Locker, Runners Point, and Champs Sports).
Brands at Foot Locker
Foot Locker operates under other stores and/ or brands that provide shoes for everyone, rather than the generic shoes they started with.
- Footaction and Sidestep (which is mostly footwear)
- Foot Locker Kids (which includes an interactive playscape)
- Lady Foot Locker and Runners Point (which are now closed)
- Champs Sports (which is an athletic sports specialty that sells equipment as well)
Fun facts about Foot Locker
- Foot Locker officially opened in 1974 in California, and this location is still in operation today.
- Their locations have gone from providing male and gender-neutral shoes to having Lady Foot Locker and Foot Locker Kids stores to provide for everyone.
- Foot Locker is believed to make most of its profit through the sales of sneakers, clothes, and accessories from other major brands (like Nike, Adidas, and Vans) as well as their own.
Alternative payment methods
Customers who do not have, or do not want, an Afterpay account can pay for their purchases, at Foot Locker, with the following online payment methods.
- Credit cards such as Visa, MasterCard, Discover Network and American Express, allow customers to borrow money from their card issuer to pay for their purchases. However, Foot Locker reserves the right to hold orders so that a complete bank verification happens first.
- Debit cards allow customers to spend money from their bank account (which they deposited into their bank).
- Klarna works similarly to Afterpay and is considered its direct alternative.
- PayPal allows customers to link their bank account, credit, or debit card to their PayPal account, which helps them make safe and secure purchases online.
- Apple Pay is a “contactless payment technology,” that allows customers to pay using their device instead of their bank card. For this to work, customers need each purchase to be authorised by their Touch/ Face ID or the passcode.
- Google Pay is similar to Apple Pay as customers can pay for their purchases by holding their phone over a terminal (at checkout) and waiting for the “beep,” or the checkmark that will confirm the transaction.
In conclusion,
Foot Locker does use the “buy now, pay later” Afterpay service, but it is only in Australia that Woolworth itself (a grocery store) does take Afterpay. Foot Locker has been in business for the last 48 years and in this time, they opened stores throughout the United States, as well as 28 other countries. Their success can be attributed to them operating under their brand as well as similar store types such as Footaction, Sidestep, Foot Locker Kids. They also work with other brands such as Nike, Adidas, and Vans to boost their profit and ultimately inspire and empower youth culture through the sneaker community, worldwide.