Dick’s restructures Foot Locker business after $2.4 billion acquisition

Dick’s Sporting Goods (NYSE: DKS) announced it will close select Foot Locker stores and raised its full-year outlook in its third-quarter earnings report on Tuesday. While Dick’s has not disclosed how many locations it will shutter (Fast Company has reached out for confirmation), it is part of a larger restructuring effort, according to executive chairman…

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