Dick’s Sporting Goods is reportedly close to reaching a deal to acquire Foot Locker for about $2.3 billion. The two companies have discussed a deal at that price, and they could finalize a deal as soon as Thursday (May 15), The Wall Street Journal (WSJ)...
A common theme in recent earnings calls involving The Home Depot, Lowe’s and Target has been the “cautious consumer” as shoppers are becoming more selective about their spending, often waiting for the right moment to make a purchase rather than buying impulsively. You can add Foot...
Despite facing a softer-than-expected retail environment in the third quarter, Foot Locker President and CEO Mary Dillon remains optimistic about the company’s long-term digital strategy, including a new mobile app and revamped loyalty program. “While our trends in early November landed below our expectations as consumers...
Foot Locker is reportedly expanding the “Home Court” basketball sections it launched with Nike. The expansion is part of an effort by the sports apparel retailer and the sneaker giant to fix their damaged relationship, Bloomberg News reported Tuesday (Dec. 3). According to the report, Foot Locker plans to...
December 04, 2024
Despite facing a softer-than-expected retail environment in the third quarter, Foot Locker President and CEO Mary Dillon remains optimistic about the company’s long-term digital strategy, including a new mobile app and revamped loyalty program. “While our trends in early November landed below our expectations as consumers held back their spending ahead of the holiday season, we […]
January 04, 2024
Personalized deals and offers can be convenient, but they’re hard to come by. Many consumers are wary about the extent of information that brands and retailers need to provide such...
June 12, 2019
The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross...
May 15, 2025
Dick’s Sporting Goods plans to acquire Foot Locker and position the combined organization to serve sports retail consumers around the world. The two companies announced the deal in a Thursday (May 15) press release, saying the transaction implies an equity value of $2.4 billion and an enterprise value of $2.5 billion. The transaction is expected to close in the second half, […]
May 14, 2025
Dick’s Sporting Goods is reportedly close to reaching a deal to acquire Foot Locker for about $2.3 billion. The two companies have discussed a deal at that price, and they...
December 03, 2024
Foot Locker is reportedly expanding the “Home Court” basketball sections it launched with Nike. The expansion is part of an effort by the sports apparel retailer and the sneaker giant to fix...
July 09, 2024
Nike tapped retired executive Tom Peddie to boost its retail partnerships. “Tom spent many years at Nike leading global sales before becoming the general manager of emerging markets, and then...
