Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a ...

The transaction ends a five-decade run for Foot Locker. Here’s a look at the shoe giant’s history: Origins and early success Foot Locker was launched in 1974 by the Kinney shoe division ...

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with ...

Shares of sporting goods and athletic shoe companies have been under pressure all year. Foot Locker's stock has plunged 41% this year. It is also facing pressure elsewhere, with major athletic ...