Foot Locker is relocating its headquarters to Florida from New York. The footwear retailer said Wednesday the city of St. Petersburg will become its new corporate headquarters come late 2025. Foot ...
Foot Locker slashed its full-year guidance Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand partner Nike. The sneaker giant fell short of ...
Dick's Sporting Goods is buying Foot Locker in a deal valued at $2.4 billion, the companies announced Thursday morning. Shares of Foot Locker rose nearly 86% as investors will receive 24.00 in cash or ...
During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to imagine that the legacy sneaker chain was appearing on bankruptcy watch lists as recently as March.
Dick's Sporting Goods (DKS) has been running the Foot Locker business for more than four months now after the $2.4B acquisition closed in early September 2025. The transaction nearly tripled Dick's ...
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 ...
The sneaker business used to be relatively simple for manufacturers. They could sell shoes to customers through their own stores or to customers through wholesale partners. A company that had a fleet ...
Editor’s Note: This story has been updated to correct the remarks made by executive chairman Ed Stack. (NEXSTAR) — Just months after completing its acquisition of Foot Locker, Dick’s Sporting Goods ...