Dick’s Sporting Goods, which acquired Foot Locker last year, lowered its outlook for the shoe store, citing “challenging conditions in the athletic footwear marketplace.”
It involves “sneaker heads,” venture capital and a lot of online sales.
![“Buying yet another color or version of a shoe that they already have in their closet is not something [consumers] are willing to add to the basket these days,” said Bryan Eshelman at Alix Partners.](https://img.apmcdn.org/1ab19529081f04aff44f35c1c4692863be57b5c3/widescreen/bef5a7-20260826-a-man-shops-for-sneakers-webp2000.webp)
