Yonhap Infomax NewsSep 16, 2025
The US sports retail sector faces a major shake-up as Foot Locker and Champs Sports plan to close 400 stores by end-2025, following Dick’s Sporting Goods’ $2.4 billion acquisition of Foot Locker, amid industry-wide shifts to online sales and direct-to-consumer models.
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https://en.infomaxai.com/news/articleView.html?idxno=81959
US Sports Retail Sector Faces Major Restructuring as Foot Locker, Champs Sports to Close Hundreds of Stores

The US sports retail sector faces a major shake-up as Foot Locker and Champs Sports plan to close 400 stores by end-2025, following Dick’s Sporting Goods’ $2.4 billion acquisition of Foot Locker, amid industry-wide shifts to online sales and direct-to-consumer models.

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