finance
Dick's Sporting Goods Reports Progress on Foot Locker Integration
Dick's Sporting Goods stated that investments in Foot Locker are producing higher sales and new store concepts. The company described early signs of consumer interest in updated formats.
May 29, 7:07 AM·1m read1 source
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Dick's Sporting Goods reported that its acquisition of Foot Locker is generating measurable sales growth and new retail formats. The company said heavy capital spending on store upgrades and product assortment changes has begun to appear in revenue figures.
Locker locations have started testing revised merchandise selections and layout changes, according to the company. Dick's Sporting Goods added that early customer response to the revised stores has been positive enough to support further rollout. No specific sales totals or timelines for full conversion were released in the statement.
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