What's Inside

Dick’s Sporting Goods announced in mid-May 2025 that it will acquire competitor Foot Locker for $2.4 billion.

In this report, we uncover the implications of the deal, leveraging proprietary survey findings and data analysis.

Our insights seek to answer the following three key questions:

• What strategic benefits does Dick’s Sporting Goods hope to gain by acquiring Foot Locker—and what risks come with the deal?
• How do Dick’s and Foot Locker compare in terms of shopper loyalty, store performance and geographic footprint?
• What impact could this deal have on the broader US apparel and footwear retail landscape?

Data in this research report include:

• Company metrics—revenue, number of employees, number of stores, key vendor partners and more
• Coresight Research survey findings on apparel and footwear shopping rates at Dick’s and Foot Locker in the US over the past year
• Dick’s vs. Foot Locker—store comparisons by brand/concept; geographic overlap assessment and strategic response

Companies mentioned in this report include: Dick’s Sporting Goods, Foot Locker, Gap Inc., NIKE, The TJX Companies

Other relevant research:

• Retailer Dashboards: Dick’s Sporting Goods and Foot Locker
• Market Navigator: US Apparel and Footwear Retailing—Discounters Poised for Growth Amid Challenging Backdrop
• All Coresight Research coverage of capital markets
• Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles.