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

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

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

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.

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