Dick's Sporting Goods said Thursday it plans to acquire rival Foot Locker as it looks to expand its international presence, win over a new set of consumers and corner the Nike sneaker market. Under ...

PITTSBURGH — Dick's Sporting Goods has completed its acquisition of Foot Locker, creating a sports retail powerhouse with more than 3,200 stores across 20 countries, the companies announced Monday.

Foot Locker, a renowned name in athletic footwear and apparel, has announced the launch of two exclusive colorways of the New Balance 740, one of the brand's most beloved silhouettes. To kick off the ...

“Every Season Starts at Dick’s” is about to include the presence of Foot Locker’s distinctive sales team of “Stripers.” Dick’s Sporting Goods announced an agreement with Foot Locker to acquire the ...

Foot Locker has officially announced a month-long celebration of its 50th anniversary this September. The festivities feature a series of events and the launch of a limited-edition sneaker and apparel ...

Foot Locker announced technically stronger-than-expected results for its holiday quarter. But the company also pushed back a key margin milestone by two years, noting it's not yet ready to resume ...

Telsey Advisory Group analyst Cristina Fernandez maintained Foot Locker (NYSE:FL) with a Market Perform and a $24 price target on Thursday. The earnings release disclosed total sales down 4.6% Y/Y to ...

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with ...

Dick’s Sporting Goods has officially bought Foot Locker for $2.4 billion. Already one of the largest sporting goods retailers in the U.S., the Findlay-based company has gone global by adding about ...

Foot Locker reported a holiday-quarter loss on Wednesday and its shares plunged nearly 30%. The company also gave weak guidance for the current year and delayed a key profitability target. The sneaker ...

Under the terms of the agreement, Dick's will use a combination of cash on hand and new debt to acquire Foot Locker for $2.4 billion. Foot Locker shareholders can receive either $24 in cash – a ...