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

Dick's Sporting Goods is getting an early start on spring cleaning. The retailer said Tuesday it intends to close an unspecified number of Foot Locker locations after completing its acquisition of the company in September."Our first priority is clear. We need to clean out the garage of underperforming assets," executive chairman Ed Stack told investors during Dick's third-quarter earnings call. "This means clearing out unproductive inventory, closing underperforming stores, and rightsizing assets that don' ...