During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to imagine that the legacy sneaker chain was appearing on bankruptcy watch lists as recently as March.

Editor’s note: “Behind the News” is the product of Sun staff assisted by the Sun’s AI lab, which includes Anthropic’s Claude, Perplexity AI, Google Gemini and ChatGPT.a variety of tools such as Dick’s ...

DICK'S Sporting Goods, Inc.’s acquisition of Foot Locker, Inc. is questionable, as FL is a weaker business and the deal may dilute DKS’s growth profile. While the deal could be accretive if synergies ...