ESL PARTNERS LP
SC 13D/A, EX-1, 2000-12-20
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<PAGE>   1



                                                                       EXHIBIT 1

                             JOINT FILING AGREEMENT

       In accordance with Rule 13d-1(k) promulgated under the Securities
Exchange Act of 1934, as amended, the persons named below agree to the joint
filing on behalf of each of them a Statement on Schedule 13D (including
amendments thereto) with regard to the common stock of Footstar, Inc., and
further agree that this Joint Filing Agreement be included as an Exhibit to such
joint filings. In evidence thereof, the undersigned, being duly authorized,
hereby execute this Agreement as of December 20, 2000.

                              ESL PARTNERS, L.P.

                              By: RBS Partners, L.P., its general partner
                              By: ESL Investments, Inc., its general partner

                                  By:  /s/ EDWARD S. LAMPERT
                                     ----------------------------------
                                            Edward S. Lampert
                                            Chairman

                              ESL LIMITED

                              By: ESL Investment Management, LLC,
                              its investment manager

                                  By:  /s/ EDWARD S. LAMPERT
                                     ----------------------------------
                                            Edward S. Lampert
                                            Managing Member

                              ESL INSTITUTIONAL PARTNERS, L.P.

                              By: RBS Investment Management, LLC,
                              its general partner

                                  By:  /s/ EDWARD S. LAMPERT
                                     ----------------------------------
                                            Edward S. Lampert
                                            Managing Member

                              ESL INVESTORS, L.L.C.

                              By: RBS Partners, L.P., its manager
                              By: ESL Investments, Inc., its general
                              partner

                                  By:  /s/ EDWARD S. LAMPERT
                                     ----------------------------------
                                            Edward S. Lampert
                                            Managing Member


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