Acquiring Company
DICK's Sporting Goods
Acquired Company
Foot Locker
CoraopolisNew YorkSportsE CommerceFashionRetailSporting GoodsOtherE CommerceFashionRetailDescription
Dick's Sporting Goods has finalized its acquisition of Foot Locker in a $2.5 billion deal that strengthens its position as a major distributor of athletic products. The merger is expected to enhance Dick's international presence and negotiating power with key brands. Despite a significant increase in sales linked to the acquisition, Dick's faces challenges in revitalizing Foot Locker's underperforming stores. Efforts to streamline operations and close unproductive locations are currently underway.
Quick answer
DICK's Sporting Goods is acquiring Foot Locker for $2.5 billion, announced March 12, 2026. DICK's Sporting Goods is based in Coraopolis, Pennsylvania, United States.
- How much did DICK's Sporting Goods pay for Foot Locker?
- The reported deal value is $2.5 billion.
- What does DICK's Sporting Goods do?
- DICK's Sporting Goods is a leading omnichannel sporting goods retailer offering a wide range of sports equipment, apparel, and footwear.
- Where are DICK's Sporting Goods and Foot Locker based?
- DICK's Sporting Goods is based in Coraopolis, Pennsylvania, United States. Foot Locker is based in New York, New York, United States.
- Who are the decision-makers at DICK's Sporting Goods?
- Fundz holds 3 contacts at DICK's Sporting Goods. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Estée Lauder to acquire Puig Brands soon (March 23, 2026)
- Aura Modern Home acquires BathGems.com for growth (March 19, 2026)
- Estée Lauder acquires Forest Essentials brand (March 5, 2026)
Who to call at DICK's Sporting Goods, and when
When DICK's Sporting Goods changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day DICK's Sporting Goods raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DICK's Sporting Goods, from your own LinkedIn network
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Frequently asked
Who acquired Foot Locker?
Foot Locker was acquired by DICK's Sporting Goods, based in Coraopolis. The deal was reported on March 12, 2026. DICK's Sporting Goods is a leading omnichannel sporting goods retailer offering a wide range of sports equipment, apparel, and footwear. Founded in 1948, it operates in various locations across the United States. DICK's Sporting Goods is publicly traded (DKS) and operates in Sports.
When did DICK's Sporting Goods acquire Foot Locker?
DICK's Sporting Goods's acquisition of Foot Locker was reported on March 12, 2026. Dick's Sporting Goods has finalized its acquisition of Foot Locker in a $2.5 billion deal that strengthens its position as a major distributor of athletic products. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Foot Locker do?
Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, WSS, Footaction, and Sidestep. It is privately held, operating in Other, and is based in New York.
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