Sportswear giant closes 113 stores as shares plunge

Dick’s Sporting Goods reported significant restructuring efforts tied to its September 2025 acquisition of Foot Locker for $2.5 billion. Through the second quarter of fiscal 2026, the company closed 113 store locations across its portfolio, with 110 of those closures occurring within the Foot Locker business. The company also opened stores during the period, including four within its Dick’s Sporting Goods business and 27 within Foot Locker, bringing total locations to 3,104 as of Au