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ForbesDick'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.
wwd.comThe British retailer, which acquired the Alabama-based chain for $1.1 billion in 2024, has already reduced Hibbett's store count from 999 to 982. Executives cited the need for fewer, larger locations that support greater investment in technology and customer experience. The closu…