Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as<a class="excerpt-read-more" href=" More ...

U.S. stocks are drifting lower following a jumble of mixed reports that shed little clarity on how the U.S. economy is ...

The major retailer says it plans to keep the Foot Locker brand, which includes Kids Foot Locker and Champs Sports.