Form 8-K


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) March 2, 2004



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

N/A

(Former Name or Former Address, if Changed Since Last Report)



INFORMATION TO BE INCLUDED IN THE REPORT

Item 3.  Bankruptcy or Receivership.

                 On March 2, 2004, Footstar, Inc. (the “Company”) and substantially all of its subsidiaries (collectively, the “Debtors”) filed voluntary petitions under chapter 11 of title 11, United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of New York (Case No. 04-22350 (ASH)). The Debtors remain in possession of their assets and properties, and continue to operate their businesses and manage their properties as debtors-in-possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code.

                 The Company issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference herein, announcing the chapter 11 filing.

Item 7.  Financial Statements and Exhibits.


(c) Exhibits

Exhibit No. Exhibit

       99.1 Press Release of the Company dated March 3, 2004.


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.





Date:  March 3, 2004
FOOTSTAR, INC.


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


EXHIBIT INDEX


Exhibit No. Description

       99.1 Press Release of the Company dated March 3, 2004.