Dick's Closes $2.5B Foot Locker Deal In Major Sporting Goods Merger

Shuffle Board: Dick Exec Heads Foot Locker, Depop Exec Returns to Etsy

The new Foot Locker owner has shared an updated leadership ledger while Rafe Colburn has returned Etsy as chief product and technology officer.

Dick's Closes $2.5B Foot Locker Deal In Major Sporting Goods Merger

Dick's Sporting Goods has finalized its purchase of Foot Locker, creating a global sports retail giant with more than 3,200 stores in 20 countries.The Pittsburgh-based chain completed the $2.5 billion deal to acquire the sneaker chain on Monday, Sept. 8. Dick's will keep Foot Locker's brands — including Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos.The combined company will now operate across North America, Europe, Asia, and Austr…