Dick's Sporting Goods is buying Foot Locker for $2.4 billion

Together, the two retailers will have to wade the choppy waters of new tariffs on imports, including footwear. And they'll face the growing competition from shoe brands selling directly to shoppers.

May 16, 2025 - 04:06
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Dick's Sporting Goods is buying Foot Locker for $2.4 billion
People walk by a Foot Locker store in Chicago.

Together, the two retailers will have to wade the choppy waters of new tariffs on imports, including footwear. And they'll face the growing competition from shoe brands selling directly to shoppers.

(Image credit: Scott Olson)