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flag Dick’s Sporting Goods will close some underperforming Foot Locker stores after its $2.4 billion acquisition to streamline operations and boost long-term growth.

flag Dick’s Sporting Goods plans to close underperforming Foot Locker stores as part of a post-acquisition restructuring, following its $2.4 billion purchase completed in September. flag The company cited the need to streamline operations, liquidate excess inventory, and reset the business for long-term growth. flag While specific store locations and closure timelines remain undisclosed, Dick’s expects to provide further details during its fourth-quarter earnings call. flag The company reported over $4 billion in net sales for the quarter, with improvements in pricing and store expansion. flag It raised its 2025 comparable sales forecast to 3.5-4% and aims to complete inventory adjustments by year-end to strengthen Foot Locker’s position for the 2026 back-to-school season.

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