Dick’s Sporting Goods Finalizes $2.4 Billion Purchase of Foot Locker

The acquisition significantly expands Dick’s Sporting Goods’ global reach.
Dick’s Sporting Goods Finalizes $2.4 Billion Purchase of Foot Locker
A sign hangs outside of a Dick's Sporting Goods store in Chicago, Ill. Scott Olson/Getty Images
|Updated:
0:00

Dick’s Sporting Goods on Sept. 8 announced it had completed its $2.4 billion acquisition of Foot Locker.

The acquisition significantly expands Dick’s Sporting Goods’ global reach—Foot Locker operated approximately 2,400 stores in North America, Asia, Europe, Australia, and New Zealand, with a wide portfolio of brands that includes Kids Foot Locker, Champs Sports, apparel retailer WSS, and Japanese boutique streetwear and sneaker retailer Atmos.

Rob Sabo
Rob Sabo
Author
Rob Sabo has worked as a business journalist for nearly two decades and covers a broad range of business topics for The Epoch Times.