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.

May 16, 2025 - 14:04
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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.