Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion
Read full article: Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billionDickโs Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company this year as business leaders struggle with U.S. President Donald Trumpโs threatened tariffs.
A 1-of-a-kind Paul Skenes card has been purchased by Dickโs Sporting Goods for $1.11 million
Read full article: A 1-of-a-kind Paul Skenes card has been purchased by Dickโs Sporting Goods for $1.11 millionA one-of-a-kind Paul Skenes baseball card was purchased by Dickโs Sporting Goods for $1.11 million after a two-week auction.
Dick's 2Q profit falls, and the retailer lowers its full-year outlook on worries about theft
Read full article: Dick's 2Q profit falls, and the retailer lowers its full-year outlook on worries about theftDickโs Sporting Goods profit slipped in its second quarter and missed Wall Streetโs expectations as the retailer cut its full-year profit outlook, citing worries over theft at its stores.
Pursuit leads to multiple arrests, infant found with drugs in car seat of getaway vehicle, NBPD says
Read full article: Pursuit leads to multiple arrests, infant found with drugs in car seat of getaway vehicle, NBPD saysFour people have been arrested after police were called to Dickโs Sporting Goods in New Braunfels for a theft in progress.
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Couple wanted in robbery, cutting at Dickโs Sporting Goods on North Side, police say
Read full article: Couple wanted in robbery, cutting at Dickโs Sporting Goods on North Side, police sayThe San Antonio Police Department is searching for a couple wanted in a robbery and cutting at Dickโs Sporting Goods on the North Side.
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No sweat: Dick's crushes 2Q as consumers focus on fitness
Read full article: No sweat: Dick's crushes 2Q as consumers focus on fitnessAt home workouts and outdoor athletic activities are shaping up to be good business for Dick's Sporting Goods. The retailer's second-quarter results easily beat Wall Street's expectations as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic. During this pandemic, the importance of health and fitness has accelerated and participation in socially distant, outdoor activities has increased. Sales at stores open at least a year, a key gauge of a retailer's health, increased 20.7%. Families are now expanding beyond workouts to socially distant activities that everyone can enjoy, like hikes, backyard camp outs and fishing.
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