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Dick’s Sporting Goods has signed a deal to acquire Foot Locker, a move that supports its footwear strategy.
Foot Locker announced the closure of 400 stores by 2026 at the Investor Day conference in New York Monday.
In addition to Peloton, Adidas, Balenciaga, Foot Locker, and TJ Maxx have also severed ties with Ye in recent weeks.
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