The U.S. retail sales inched up 0.6% sequentially in August 2025, the same as an upwardly revised 0.6% rise in July and beating market expectations of a 0.2% gain, as quoted on Tradingeconomics. The back-to-school season shopping probably boosted sales in the month.Meanwhile, sales excluding food services, auto dealers, building materials stores and gasoline stations, gained 0.7% following a 0.5% uptick and surpassed expectations of 0.4%, the above-mentioned Tradingeconomics article reported.Below we highli ...

Brands Ethical luxury label Stella McCartney has named Tom Mendenhall as chief executive officer, WWD, Sourcing Journal’s sister publication, reported. Mendenhall formerly served as brand president of Polo and Double RL at Ralph Lauren and spent more than 18 years working with Tom Ford and Domenico De Sole as executive vice president, chief operating officer at Tom Ford, as well as worldwide director of merchandising at Gucci. Retail British fashion e-retailer Asos has named Ben Blake as executive vice ...

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From Chewy’s latest fashions to Office Depot’s new promise, here’s our closeout for the week. What you may have missed Mary Dillon, Frank Bracken and more depart Foot Locker as deal ...

Foot Locker's newly reimagined concept store at Melbourne Central, Australia. (Photo by Kelly Defina/Getty Images)Getty ImagesWhen Dick’s Sporting Goods announced in May that it would acquire U.S. sports giant Foot Locker for $2.4 billion, it caught the attention of both Wall Street and sneakerheads.The deal, finalized this week, creates a retail behemoth with more than 3,200 stores across 20 countries and an unlikely coming together of a global brand and Dick’s, which has traditionally been seen as America ...

With the merger of DICK’S Sporting Goods (NYSE:DKS) and Foot Locker complete, Citi Research sees the combination as a “powerful force in the world of athletic footwear and apparel” making DICK’S (NYSE:DKS) a “category killer” as sales reach $22B in ...

Dick's Sporting Goods Inc (NYSE:DKS) stock is down 1% to trade at $221.27 today, shrugging off an upgrade from Citi to "buy" from "neutral" this morning.  The bull note comes following the sports retailer's completed acquisition of Foot Locker (FL) in a $2.4 billion deal. The analyst in coverage said the subsequent buying power will create a "category killer," and lifted its price target to $280. Looking at analyst ratings (not yet updated with today's adjustments), 15 of the 26 analysts in coverage rate th ...

Welcome back. We got 10 minutes before we get to an opening bell this morning. Let's uh get a mad dash in. Want to talk a little Dicks. Yeah, I want to talk about the the fickle nature of Wall Street. When Dixs decided to buy Foot Locker, it was widely presumed to be one of the dumbest things ever. The stock broke down. People were saying, "What do they know. How could Ed Stack. How can Laurart do this.Is just so bad. Mary Dylan really pulled the wool. " Well, now people are saying, "You know what.they have ...

Foot Locker is now officially a part of Dick’s Sporting Goods.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Dick’s announced Monday (Sept. 8) that it had concluded its $2.4 billion acquisition of the footwear and ...

This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, GaThe South Korean government said it is working to return its nationals who were detained in an immigration raid on a Hyundai facility in Georgia last week.Federal and immigration agents conducted a massive sweep on the plant in Ellabell, Georgia, arresting 475 people as part of ...

About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...