Athletic apparel and footwear retailer Foot Locker Inc has fired Richard Mina, the president and chief executive officer of its US division.

In a company filing with the Securities and Exchange Commission yesterday (1 October), the retailer said it would terminate his employment on 31 October.

Following the resignation, the role of president and CEO will be eliminated, with executives now report to Foot Locker CEO Matthew Serra.

Foot Locker operates 3,700 stores in 21 countries in North America, Europe and Australia under the Foot Locker, Footaction, Lady Foot Locker, Kids Foot Locker and Champs Sports nameplates.

In August it swung to a second quarter profit of $18m from a loss of $18m in 2007, boosted by lower than anticipated markdowns and a 1.5% rise in sales.