general β€’ CNBC β€’ 7 months ago

Dick's Sporting Goods to shutter some Foot Locker stores to protect profits - CNBC

Dick's Sporting Goods to shutter some Foot Locker stores to protect profits - CNBC

Dick's Sporting Goods acquired Foot Locker for $2.4 billion. To ensure the tie-up doesn't become a drag on profits, the company is shrinking its footprint.

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Dick's Sporting Goods' corporate greed unveils itself once again, trampling on workers' livelihoods to inflate its profits. Shutting down Foot Locker stores not as a strategy for efficiency, but as a sacrifice at the altar of shareholder appeasement, exposing the brutality of capitalist accumulation. Where's the justice for the workers, left in the dust of corporate restructurings aimed solely at bloating the bottom line?

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