As Foot Locker's sale to Dick's closes, no mention of future HQ in St. Pete

Dick’s Sporting Goods’ $2.4 billion acquisition of Foot Locker has closed.

The Pittsburgh retailer announced the deal’s completion Monday, adding that it was installing a new leadership team to oversee its new purchase.

Not announced in the statement is the status of Foot Locker’s headquarters move to St. Petersburg.

About 10 months before the sale was announced May 15, Foot Locker said it would move its global headquarters here from New York as part of a plan “created to pursue ongoing expense discipline and advance the long-term operations and growth of the company.”

In March, the company signed a lease for an 110,998-square-foot space at 570 Carillon, an office building just off Roosevelt Boulevard in the city’s Carillon Business Park about a mile from Interstate 275.

The plan was for it to move in late this year.

On Tuesday, neither Dick’s nor Foot Locker responded to questions about whether the move was still on.

A spokesperson for The Feil Organization, the building’s owner, however said it was, responding via email to a question about whether the company was still planning to move into the building by writing, “Yes, they are!”

With the sale done, Dick’s says the combined companies will operate more than 3,200 stores plus e-commerce and digital businesses across 20 countries along with licensed stores in Europe, the Middle East and Asia.

The deal, Dick’s says in the statement, is expected to deliver between $100 million to $125 million “in cost synergies in the medium term, primarily through procurement and direct sourcing efficiencies.”

Not staying with Dick’s is the now-former Foot Locker CEO Mary Dillion.

Dick’s Executive Chairman Ed Stack will head Foot Locker’s global operations along with a president for North America and a president for the international business, the company says. 

The president for North America, Dick’s says in the statement, is Ann Freeman, a former Nike executive. The president for the international division will be appointed later, the company says.

Foot Locker’s brands include Foot Locker, Kids Foot Locker and Champs Sports.