Foot Locker Quarterly Sales Slip Following Acquisition Deal - Foot Locker (NYSE:FL)

Foot Locker Opened 9 New Stores and Closed 56 Doors In Q1

The sneaker retailer said soft traffic trends hurt Q1 results and that it will continue to work on key strategies pending its acquisition by Dick's Sporting Goods.

Foot Locker Quarterly Sales Slip Following Acquisition Deal - Foot Locker (NYSE:FL)

Dick's boasts eye-popping sales, readies to buy rival Foot Locker

Dick's Sporting Goods just had a record-setting quarter, and it's not slowing down anytime soon.

The Backroom: Breaking down Dick’s Sporting Goods’ deal to acquire Foot Locker – RetailWit

The team discusses the implications of the surprise acquisition, how Dick’s is defending it and why the stakes could be different for each retailer.