Dick’s Sees Path to Foot Locker Turnaround
Dick’s management expanded on its plans for Foot Locker after the acquisition closes on Sep. 8, in a roundtable discussion at the Goldman Sachs investor conference. Touting Big Foot’s strong brand, culture, and striper store staff, DKS believes that it just needs a dose of “Retail 101” to get back on the right track. It will take a couple of quarters post-close to clean things up and make a thorough assessment of what needs to be fixed, but it amounts to having the right product in the right place at the ... Log in to view full article.