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Dick’s Sporting Goods is buying Foot Locker

Wall Street Analysts See Nike as a Winner in Dick's-Foot Locker Deal

Key Takeaways Nike is expected to benefit from Dick's Sporting Goods acquiring Foot Locker, a deal announced Thursday morning.After the deal, Nike is expected to represent about 30% to 35% of Dick's and Foot Locker's combined sales.

Forbes · 1d

Dick’s Acquires Foot Locker For $2.4 Billion, Building Share In Sports And Sneaker Markets

Dick’s, the retail leader in sporting goods, will acquire Foot Locker, the leading specialty footwear retailer, for $2.4 billion. Both depend heavily on sneaker sales.

Footwear News on MSN · 2d

Dick’s Sporting Goods’ $2.4 Billion Deal for Foot Locker Could Be Big Boon for Nike and More Key Takeaways

On the heels of Skechers’ $9 billion go-private deal last week, all eyes are now on Dick’s Sporting Goods Inc.’s $2.4 billion move to buy Foot Locker Inc. — with Nike potentially becoming the big beneficiary.

20hon MSN

Struggling Foot Locker finds new life with a surprising buyer

Foot Locker ((FL) ) was once the heart of sneaker culture — a place where new drops sparked lines around the block and ...

Reuters2d

Dick's Sporting to buy Foot Locker for $2.4 billion to fight soft demand

Over the last few years, Foot Locker has lost market share to competition as brands such as Nike expanded their direct-to-consumer (DTC) business. Falling customer visits to malls, where most of ...

2don MSN

Dick's Sporting Goods buys Foot Locker for $2.4 billion

Dick's Sporting Goods is buying Foot Locker for $2.4 billion in a deal that will allow the two brands to expand the growing sneaker culture shoppers are chasing.

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