SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14A
(Rule 14A-101)
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
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[ ] Soliciting Material Pursuant to by Rule 14a-6(e)(2)
Rule 14a-11(c) or Rule 14a-12
VENATOR GROUP, INC.
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(Name of Registrant as Specified In Its Charter)
GREENWAY PARTNERS, L.P.
GARY K. DUBERSTEIN
ANDREW P. HINES
ALFRED D. KINGSLEY
HOWARD STEIN
- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
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pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined): Not
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July 12, 1999
THE RECORD SPEAKS FOR ITSELF
[STOCK PERFORMANCE CHART*]
December 12, 1994 July 7, 1999
Closing Prices: Closing Prices:
DJIA 3807 DJIA 11187
S&P 500 459 S&P 500 1396
Z 14-1/4 Z 9-1/2
Z FACTS
December 1994 Roger Farah hired; December 11, 1994
April 1995 Dividend Suspended after 83 years
January 1996 Director's Annual Retainer INCREASED to $40,000 from
$24,000, Directors required to take at least $20,000
in stock.
March 1997 Stock removed from Dow Jones 30 industrials
April 1998 Board adopted new poison pill June 1998 Name changed
from Woolworth to Venator December 1998 Stock removed
from S&P 500 April 1999 Board renewed Roger Farah's
contract; old contract did not expire until
1/31/2000.
It appears that, since 1990 current directors have only made net purchases of
about 20,000 shares in the open market. Roger Farah has not purchased any shares
in the open market but has received, through Company compensation arrangements,
about 600,000 shares and options to purchase an additional 1,475,000 shares.
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* TABULAR REPRESENTATION OF CHART IN APPENDIX HERETO
Appendix
Week of High Low
------- ---- ---
5-Jul-99 9.875 9.25
28-Jun-99 10.8125 9.25
21-Jun-99 9.875 9.25
14-Jun-99 10.125 8.375
7-Jun-99 10.875 8.875
31-May-99 11.3125 10.375
24-May-99 11.625 9.8125
17-May-99 12 10.75
10-May-99 11.8125 9.1875
3-May-99 11.375 9.5
26-Apr-99 11.5 9.25
19-Apr-99 10 8.3125
12-Apr-99 9.6875 7.5
5-Apr-99 8.75 6.875
29-Mar-99 7.4375 6.875
22-Mar-99 7.25 5.9375
15-Mar-99 6.4375 5.5625
8-Mar-99 5.3125 4.3125
1-Mar-99 5.375 4.5
22-Feb-99 5.125 4.25
15-Feb-99 4.5625 3.1875
8-Feb-99 5.3125 4.375
1-Feb-99 5.4375 4.875
25-Jan-99 5.8125 4.25
18-Jan-99 6.6875 5.5625
11-Jan-99 7.6875 6.375
4-Jan-99 7.8125 6.5625
28-Dec-98 6.75 5.8125
21-Dec-98 7.3125 6
14-Dec-98 7.375 6.8125
7-Dec-98 7.875 6.4375
30-Nov-98 8.1875 6.8125
23-Nov-98 8.75 8.1875
16-Nov-98 10.9688 8.5
9-Nov-98 12.5625 9.875
2-Nov-98 10.375 8.375
26-Oct-98 9.25 8.1875
19-Oct-98 9.375 7.9375
12-Oct-98 8.5 7.25
5-Oct-98 8.9375 6.75
28-Sep-98 9.875 8.125
21-Sep-98 10.6875 9.3125
14-Sep-98 11.4375 9.375
7-Sep-98 9.375 8.4375
31-Aug-98 10.125 8.4375
24-Aug-98 11.3125 9.1875
17-Aug-98 13 10.75
10-Aug-98 14.0625 12.375
3-Aug-98 14.4375 12.5625
27-Jul-98 16.125 14.3125
20-Jul-98 17.125 15.6875
13-Jul-98 18.125 16.875
6-Jul-98 21 17.25
29-Jun-98 21.5 18.5
22-Jun-98 19.625 18.5
15-Jun-98 19.875 19
8-Jun-98 21.0625 19.5625
1-Jun-98 20 19
25-May-98 20.4375 19.4375
18-May-98 20.9375 20.3125
11-May-98 21.5625 20.8125
4-May-98 23.25 20.5
27-Apr-98 23.3125 22.1875
20-Apr-98 24.875 23
13-Apr-98 24.9375 24.0625
6-Apr-98 25.875 24.875
30-Mar-98 25.5625 24.75
23-Mar-98 27.25 25.5625
16-Mar-98 26.9375 24.375
9-Mar-98 25.0625 23.625
2-Mar-98 24 23.0625
23-Feb-98 24.25 23.25
16-Feb-98 24 23
9-Feb-98 23.4375 21.5
2-Feb-98 22.75 21.5
26-Jan-98 22.3125 19.75
19-Jan-98 20.3125 19.75
12-Jan-98 20.1875 18.5625
5-Jan-98 20.8125 19.625
29-Dec-97 20.8125 19.75
22-Dec-97 20.625 19.625
15-Dec-97 21.6875 19.375
8-Dec-97 22.375 20.1875
1-Dec-97 23.25 21.125
24-Nov-97 22.25 20.75
17-Nov-97 21.375 19.875
10-Nov-97 20.9375 19.5
3-Nov-97 21.75 18.5
27-Oct-97 19.6875 18.25
20-Oct-97 20.25 19.25
13-Oct-97 21.375 19.8125
6-Oct-97 22.375 19.9375
29-Sep-97 22.4375 21.75
22-Sep-97 22.125 21.4375
15-Sep-97 24 21.5
8-Sep-97 23.6875 22.6875
1-Sep-97 23.5 22.375
25-Aug-97 24.875 22.125
18-Aug-97 26.125 24.25
11-Aug-97 27.875 25.5625
4-Aug-97 28.75 27.5
28-Jul-97 28.4375 26.75
21-Jul-97 28.1875 26.875
14-Jul-97 27.9375 23.875
7-Jul-97 26.5 24.625
30-Jun-97 25.6875 24
23-Jun-97 25.375 24
16-Jun-97 26.5 25.25
9-Jun-97 26.875 23.875
2-Jun-97 24.75 23.625
26-May-97 24.625 23.125
19-May-97 23.625 22.5
12-May-97 22.625 21.125
5-May-97 21.625 20.625
28-Apr-97 21.75 19.375
21-Apr-97 21 18.5
14-Apr-97 21.5 19.625
7-Apr-97 22.625 21.25
31-Mar-97 23.375 21.75
24-Mar-97 23.5 22.75
17-Mar-97 23.625 22.375
10-Mar-97 24.125 21.25
3-Mar-97 22.5 20.5
24-Feb-97 21.5 19.75
17-Feb-97 20.5 19.375
10-Feb-97 20.25 19.5
3-Feb-97 20.5 19.375
27-Jan-97 20.875 19.625
20-Jan-97 21.375 20.25
13-Jan-97 21.375 20.625
6-Jan-97 21.5625 20.25
30-Dec-96 22.5 21
23-Dec-96 22.125 21.125
16-Dec-96 23.25 21.375
9-Dec-96 23.75 23
2-Dec-96 24.375 22.375
25-Nov-96 24.125 23.625
18-Nov-96 25.25 23.75
11-Nov-96 25.25 21.75
4-Nov-96 22 20.625
28-Oct-96 21.875 20.75
21-Oct-96 22.375 21.375
14-Oct-96 22.25 20.875
7-Oct-96 21.75 20.75
30-Sep-96 21.5 20.625
23-Sep-96 21.625 20.5
16-Sep-96 22 21.5
9-Sep-96 22 20.875
2-Sep-96 21.25 20.375
26-Aug-96 21.875 21
19-Aug-96 21.5 20.875
12-Aug-96 22.375 20.25
5-Aug-96 20.75 19.5
29-Jul-96 19.5 18.625
22-Jul-96 20.5 19.375
15-Jul-96 21.125 19.375
8-Jul-96 21.75 20.375
1-Jul-96 22.625 21.5
24-Jun-96 22.625 20.875
17-Jun-96 22.625 21.125
10-Jun-96 23.25 21.875
3-Jun-96 23.125 20.375
27-May-96 21.875 20.25
20-May-96 21.875 20.75
13-May-96 20.875 18.5
6-May-96 19.125 18.25
29-Apr-96 19.5 18.5
22-Apr-96 19.75 18.25
15-Apr-96 18.75 17.5
8-Apr-96 18.25 15
1-Apr-96 15.875 15.125
25-Mar-96 15.875 14.875
18-Mar-96 16 15.125
11-Mar-96 16 13.625
4-Mar-96 15.25 12.375
26-Feb-96 12.625 11.75
19-Feb-96 12.25 11.75
12-Feb-96 12.875 12.125
5-Feb-96 12.875 11.375
29-Jan-96 12 10.875
22-Jan-96 11.375 10
15-Jan-96 10.875 9.375
8-Jan-96 12.375 10.5
1-Jan-96 13.25 12.25
1-Jan-96 13.625 12.25
18-Dec-95 13.875 13.25
11-Dec-95 14.625 14
4-Dec-95 15.125 14.25
27-Nov-95 15.375 14.625
20-Nov-95 15.5 15.125
13-Nov-95 15.75 13.875
6-Nov-95 14.375 13.75
30-Oct-95 14.875 13.875
23-Oct-95 15.75 14.5
16-Oct-95 16.875 15.625
9-Oct-95 16.875 15.125
2-Oct-95 16 15.25
25-Sep-95 16.25 15
18-Sep-95 15.625 13.625
11-Sep-95 14.5 13.75
4-Sep-95 14.375 12.875
28-Aug-95 13.375 12.75
21-Aug-95 13.875 13
14-Aug-95 14.25 13.75
7-Aug-95 14.875 13.875
31-Jul-95 15.875 14.625
24-Jul-95 16.125 15.375
17-Jul-95 15.75 14.625
10-Jul-95 15 14.375
3-Jul-95 15.25 14.75
26-Jun-95 15.5 14.625
19-Jun-95 15.625 15.125
12-Jun-95 15.75 15.25
5-Jun-95 16.25 15
29-May-95 15.5 14.875
22-May-95 15.375 14.875
15-May-95 16.125 15
8-May-95 16.375 15.25
1-May-95 16.375 15.5
24-Apr-95 16.125 15.125
17-Apr-95 16.375 14.75
10-Apr-95 18.875 15.625
3-Apr-95 19.375 18
27-Mar-95 18.5 17.25
20-Mar-95 18 16.25
13-Mar-95 16.5 15.625
6-Mar-95 15.875 15
27-Feb-95 15.75 15
20-Feb-95 15.5 14.75
13-Feb-95 15.875 15
6-Feb-95 16.5 15.625
30-Jan-95 16.375 15.5
23-Jan-95 15.875 15.2297
16-Jan-95 16.2203 15.4774
9-Jan-95 16.5917 15.8488
2-Jan-95 16.8394 15.3535
2-Jan-95 15.9726 14.2392
19-Dec-94 14.7344 13.9915
12-Dec-94 14.363 13.6201
5-Dec-94 14.2392 13.3724