Dick's Sporting Goods plans to close some Foot Locker locations in a move to 'clean out the garage'

Tech Insider : Business
A Foot Locker logo is displayed outside their store on November 3, 2025 in San Diego, California.
Foot Locker's prior leadership did not respond appropriately to changes in the market, Dick's Sporting Goods chairman Ed Stack said.

Kevin Carter/Getty Images

I visited T.J. Maxx's outdoorsy sibling Sierra, the most interesting brand in the TJX family

Tech Insider
Business Insider reporter Dominick Reuter in front of a Sierra store.
I wasn't sure what to expect the first time I visited Sierra, but now I'm hooked.

Dominick Reuter/Business Insider

The main reasons retailers are posting weaker profits this year have nothing to do with theft

Tech Insider
A man walks past shelves of items locked behind a case in a grocery store.
The National Retail Federation estimates shrink topped $94 billion in 2021, which would put this year's figure well north of $100 billion if the rate remains the same or increases.

Jahi Chikwendiu/The Washington Post via Getty Images

Macy's, Dick's, and Lowe's are sounding alarms on US shoppers

Tech Insider
Lowe's
A shift in consumer spending is challenging retailers that sell discretionary merchandise like apparel and home goods.

Reuters/Mohammad Khursheed

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