Form 8-K - press release dated November 13, 2002

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

__________________________________

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934


Date of report (Date of earliest event reported) November 13, 2002



FOOTSTAR, INC.

(Exact Name of Registrant as Specified in Charter)



Delaware 1-11681 22-3439443
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)



One Crosfield Avenue, West Nyack, New York 10994
(Address of Principal Executive Offices) (Zip Code)



Registrant’s telephone number, including area code (845) 727-6500


INFORMATION TO BE INCLUDED IN THE REPORT

Item 5  Other Events and Required FD Disclosure.

        On November 13, 2002, Footstar, Inc. (the “Company”) announced that in the course of a management review of the account reconciliation processes at its Shared Services Center in Dallas, it has discovered discrepancies in the reporting of its accounts payable balances.

        A copy of the Company’s press release has been filed as an exhibit to this Current Report on Form 8-K and is incorporated herein by reference.

Item 7  Financial Statements, Pro Forma Financial Information and Exhibits.


(c) Exhibits

Exhibit No. Exhibit

99.1 Press Release of Footstar, Inc. dated November 13, 2002


SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.





Dated:  November 13, 2002
FOOTSTAR, INC.


By:  MAUREEN RICHARDS
——————————————
Name:    Maureen Richards
Title:      Senior Vice President, General Counsel
                and Corporate Secretary


EXHIBIT INDEX


Exhibit No. Exhibit

99.1 Press Release of Footstar, Inc. dated November 13, 2002.