dikk's Sporting Goods on the verge of acquiring Foot Locker for 2.3 Billion dollars

[Gains]

Champs >

 

[Elim Garak]

Yeah….Nah

Online real estate isn’t even close to being anywhere near these type of numbers like actual physical land/real estate is.

Obviously that’s the case now, but I’m talking about the future. There online business will continue to grow.

 

[Silkk]

Obviously that’s the case now, but I’m talking about the future. There online business will continue to grow.

Online real estate is infinite. Nobody is investing billions of dollars for online real estate, Especially when they already own a lot of the same market share.

 

[Sir Richard Spirit]

Dont see the sense in it. 90% of Footlockers are in malls and malls are dying like a MF left & right.

There’s a foot locker not to far from me that just opened. It’s not in the mall.

 

[315]

Man Footlocker + that Bday/Xmas was magical

 

[Silkk]

There’s a foot locker not to far from me that just opened. It’s not in the mall.

Yeah, Maybe there’s more in different parts from where I am. I just know down south I rarely see them as standalone stores outside of outlets.

 

[Collateral]

dikk’s got a big dikk to pull this venture off

 

[Sir Richard Spirit]

Yeah, Maybe there’s more in different parts from where I am. I just know down south I rarely see them as standalone stores outside of outlets.

There was a footlocker in the mall and outside the mall. They closed both and opened a brand new store outside of the mall.

 

[Strapped]

Bad move & a waste of money unless they want to stay in the red for years & finesse their taxes

 

[Wargames]

Online real estate is infinite. Nobody is investing billions of dollars for online real estate, Especially when they already own a lot of the same market share.

If Modell had bought footlockers online infrastructure they would still exist.

 

[Silkk]

If Modell had bought footlockers online infrastructure they would still exist.

No idea who or wtf that is

 

[Wargames]

No idea who or wtf that is

It was a local competitor to dikks and Foot locker in NYC that use to have a large share of the physical market in the Tri-State area and went out of business because their website was trash. At their peak they was a bigger deal than dikk’s sporting store and was in that same lane.

 

[AquaCityBoy]

The dikk's in my area little AF

Where are the biggest dikk's at

 

[VegetasHairline]

The dikk's in my area little AF

Where are the biggest dikk's at

 

[FreshAIG]

No idea who or wtf that is

I be forgetting certain stores that are big in some cities don't exist in others lol

Modell's was huge in NYC.