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Dick's Bets On Foot Locker To Kick Start Global Growth Across Brands

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 ...