Athletic retailer Dick's Sporting Goods plans to buy Foot Locker, the seller of shoes in many a shopping mall, for about $2.4 billion. Dick's is the largest sports retail chain in the U.S. It's ...

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with ...

Based on Foot Locker’s closing stock price on May 14, 2025, the $24.00 per-share consideration reflects a premium of about 66% over Foot Locker’s 60-trading-day volume-weighted average price.