On Thursday morning, Pittsburgh-based Dick’s Sporting Goods announced its plans to acquire footwear and apparel retailer Foot Locker. The two companies have entered into a merger agreement, where Dick ...

Foot Locker is in the middle of a major shift. The company announced plans to close more than 100 stores by the end of 2025, part of a larger strategy to improve its operations. While that may sound ...

Dick’s Sporting Goods has agreed to buy smaller rival Foot Locker for $2.4 billion, the second major footwear deal this month after the buyout of Skechers, as the retailers navigate choppy demand and ...

Foot Locker’s quarterly results missed Wall Street’s expectations as total sales decreased due to Gen Alpha and Gen Z’s “cautious” spending habits. The sneaker retailing giant’s total sales were down ...

Dick's Sporting Goods (NYSE: DKS) has agreed to acquire Foot Locker (NYSE: FL) for $2.5 billion, which is a substantial premium to the target's current trading price. Foot Locker shares are jumping as ...

A Foot Locker Inc. investor is suing to bust the sports retailer’s $2.4 billion sale to Dick’s Sporting Goods, claiming that Foot Locker’s chief executive accepted a deal that “substantially ...

Foot Locker plans to continue to shutter locations as part of a company-wide rebrand across 23 months, according to multiple reports. The nation’s largest sneaker retailer is to close a combined 400 ...