Dick’s Sporting Goods to Acquire Foot Locker in $2.4 Billion Deal

Dick’s Sporting Goods, the largest sporting goods retailer in the United States, has announced the acquisition of its competitor Foot Locker for $2.4 billion USD (approximately €2.1 billion). The strategic move aims to consolidate operations, expand market share, and drive long-term growth in a challenging retail landscape. Acquisition Details The deal, officially confirmed on Thursday …