Some Foot Locker Stores to Close in 2026 as New Owner Dick's Moves to 'Clean Out the Garage'

Some Foot Locker stores to close in 2026 as new owner Dick's moves to 'clean out the garage'

Dick's Sporting Goods recently acquired the shoe retailer.

Iconic sporting goods, sneaker retailer closing stores

The sneaker business used to be relatively simple for manufacturers. They could sell shoes to customers through their own stores or to customers through wholesale partners. A company that had a fleet of its own stores might have withheld certain…