1
                                                                      EXHIBIT 99


                     Independent Accountants' Review Report


The Board of Directors and Shareholders
Venator Group, Inc.:

We have reviewed the accompanying condensed consolidated balance sheets of
Venator Group, Inc. and subsidiaries as of October 30, 1999 and October 31,
1998, and the related condensed consolidated statements of operations,
comprehensive income (loss), and cash flows for the thirteen and thirty-nine
week periods ended October 30, 1999 and October 31, 1998. These condensed
consolidated financial statements are the responsibility of Venator Group, Inc.
management.

We conducted our review in accordance with standards established by the American
Institute of Certified Public Accountants. A review of interim financial
information consists principally of applying analytical procedures to financial
data and making inquiries of persons responsible for financial and accounting
matters. It is substantially less in scope than an audit conducted in accordance
with generally accepted auditing standards, the objective of which is the
expression of an opinion regarding the financial statements taken as a whole.
Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material modifications that should
be made to the condensed consolidated financial statements referred to above for
them to be in conformity with generally accepted accounting principles.

We have previously audited, in accordance with generally accepted auditing
standards, the consolidated balance sheet of Venator Group, Inc. and
subsidiaries as of January 30, 1999, and the related consolidated statements of
operations, comprehensive loss, shareholders' equity, and cash flows for the
year then ended (not presented herein); and in our report dated March 10, 1999,
except for note 23 which is as of March 19, 1999, we expressed an unqualified
opinion on those consolidated financial statements. In our opinion, the
information set forth in the accompanying condensed consolidated balance sheet
as of January 30, 1999, is fairly stated, in all material respects, in relation
to the consolidated balance sheet from which it has been derived.



/s/ KPMG LLP
New York, New York
November 18, 1999