{"id":123273,"date":"2025-09-08T17:12:09","date_gmt":"2025-09-08T17:12:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/123273\/"},"modified":"2025-09-08T17:12:09","modified_gmt":"2025-09-08T17:12:09","slug":"dicks-sporting-goods-completes-2-4-billion-foot-locker-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/123273\/","title":{"rendered":"Dick&#8217;s Sporting Goods completes $2.4 billion Foot Locker deal"},"content":{"rendered":"<p>\n                                        By<br \/>\n                                        <br \/>Reuters\n                                    <\/p>\n<p>\n                                    Published<br \/>\n                                    <\/p>\n<p>                                        September 8, 2025<\/p>\n<p class=\"article-content col-md-8 offset-md-1\">\n                                Footwear retailer Dick&#8217;s Sporting Goods said on Monday it had completed its $2.4 billion acquisition of <a class=\"fnwAddLinks\" href=\"https:\/\/uk.fashionnetwork.com\/tags-foot-locker\" title=\"Foot Locker\" rel=\"nofollow noopener\" target=\"_blank\">Foot Locker<\/a>.<\/p>\n<p><img decoding=\"async\" class=\"news-image\" style=\"width:100%;max-width:800px;\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/09\/1238.jpg\" alt=\"Dick's strengthens sneaker presence with Foot Locker purchase\" loading=\"lazy\"\/>Dick&#8217;s strengthens sneaker presence with Foot Locker purchase &#8211; Reuters<\/p>\n<p>The deal gives Dick&#8217;s a stronger foothold in the sneaker market with more than 3,200 stores and provides an entry into international markets, as both companies compete for market share.<\/p>\n<p>Dick&#8217;s expects the transaction to contribute to its earnings per share in fiscal 2026, excluding transaction-related and other one-time costs.<\/p>\n<p class=\"col-md-8 offset-md-1 article-content--texte\">In May, the company announced plans to operate Foot Locker as a standalone business within its portfolio, retaining the sporting goods retailer\u2019s existing brands.<\/p>\n<p>The deal was finalized after the mandatory waiting period under U.S. antitrust law ended on August 25.\n                            <\/p>\n<p>\n                                \u00a9 Thomson Reuters 2025 All rights reserved.\n                            <\/p>\n","protected":false},"excerpt":{"rendered":"By Reuters Published September 8, 2025 Footwear retailer Dick&#8217;s Sporting Goods said on Monday it had completed its&hellip;\n","protected":false},"author":2,"featured_media":123274,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[712,45089,709,58653,59,57,58,711,710,50,713,56,54,55],"class_list":["post-123273","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-beauty","tag-dicks-sporting-goods-inc","tag-fashion","tag-foot-locker","tag-gb","tag-great-britain","tag-greatbritain","tag-luxury","tag-network","tag-news","tag-professionals","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/123273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=123273"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/123273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/123274"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=123273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=123273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=123273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}