Dick’s Sporting Goods’ $2.4 Billion Deal for Foot Locker Could Be Big Boon for Nike and More Key Takeaways
Nike is a big wholesale account for Dick’s and Foot Locker, representing a combined $8 billion in sales for the two retailers. Jim Watson/AFP via Getty images On the heels of Skechers’ $9 billion go-private deal last week, all eyes are now on Dick’s Sporting Goods Inc.’s $2.4 billion move to buy Foot Locker Inc. […]