Foot Locker to remain separate company after Dick's acquisition
By Emma Behrmann
Tampa Bay Business Journal
Published: May 28, 2025

Foot Locker will remain a separate company following the Dick’s Sporting Goods acquisition, which is expected to close in the second half of the year.

Dick’s announced May 15 that it plans to acquire Foot Locker, the publicly traded sports footwear brand moving its headquarters to St. Petersburg, for about $2.4 billion. If the deal closes, pending shareholder and regulatory approval, Foot Locker will continue to operate as its own company, Dick’s leadership said at its first quarter earnings call Wednesday.

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