Analysts see Nike as a key beneficiary of Dick's Sporting Goods buying Foot Locker in a deal valued at around $2.4 billion.

Later this week, the basketball world will shift its focus to Indianapolis for the 2025 WNBA All-Star Week. Meanwhile, one of sport culture's most popular retailers is already on the ground. Foot ...

Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.

Last May, as Foot Locker posted sales and profits that beat expectations and reported that it had successfully trimmed previously bloated inventories, CEO Richard Johnson touted the retailer’s ...

Foot Locker Inc.’s stock plunged 29.8% on Friday as the athletic retailer unveiled a merchandise plan that includes less Nike Inc. gear. Nike’s NKE multi-year business strategy includes an ongoing ...

Mary Dillon wore Nikes to work on Monday. The Foot Locker CEO, sporting gold Nike Air Max 97 sneakers, announced a renewed partnership with Nike at the company's investor day, addressing one of the ...

Wall Street sentiment toward Foot Locker is warming up after Nike recently said it would focus more heavily on wholesale partnerships — a domain the athletic shoe retailer is a key player in. We still ...

Noting “softness” from its largest brand partner Nike, Foot Locker on Wednesday said its third-quarter sales declined 1.4%, per a company press release. Comps, however, were up 2.4% as the retailer ...