Dick's Closes $2.5B Foot Locker Deal In Major Sporting Goods Merger
Dick's Sporting Goods has finalized its purchase of Foot Locker, creating a global sports retail giant with more than 3,200 stores in 20 countries.
The Pittsburgh-based chain completed the $2.5 billion deal to acquire the sneaker chain on Monday, Sept. 8. Dick's will keep Foot Locker's brands, including Foot Locker, Kids Foot Locker, Champs Sports, WSS, and atmos.
The combined company will now operate across North America, Europe, Asia, and Australia, with licensed stores in Europe, the Middle East, and Asia.
"We are very enthusiastic about the future of Foot Locker," said Dick's…
Chocolate Giant To Buy Kellogg's Cereal Company For $3.1B: Here's Why
A European chocolate giant is purchasing the cereal company behind Froot Loops, Frosted Flakes, and Rice Krispies.
Ferrero Group has agreed to buy WK Kellogg Co for $3.1 billion, the candy company announced in a news release on Thursday, July 10. The Italian chocolatier is the owner of widely popular brands like Butterfinger, Famous Amos cookies, Ferrero Rocher, Jelly Belly, Kinder, Nutella, and Tic Tac.
In the agreement, Ferrero will pay $23 per share in cash, a 40% premium on WK Kellogg's recent stock price. Once the deal closes, Battle Creek, Michigan will serve as Ferrero's North Americ…
Chipotle Launches First New Dip In Five Years: See The Spicy, Smoky Flavor
Chipotle is cranking up the flavor for the summer with its first new dip in five years.
The restaurant chain will soon start offering Adobo Ranch, the company announced on Monday, June 9. The smoky and spicy dip will be available across North America on Tuesday, June 17.
Adobo Ranch marks Chipotle's first new dip since the launch of Queso Blanco in 2020. Made fresh in-house with adobo pepper, sour cream, and a signature blend of herbs and spices, the dip aims to bring an extra kick to burritos, bowls, salads, tacos, and quesadillas.
Rewards members can get a free side of Adobo Ranch o…
Look Inside NJ's First Eataly: Sprawling Store, Restaurant Open At Short Hills Mall
Eataly is now open in the Garden State.
The Italian marketplace opened its first New Jersey location at The Mall at Short Hills on Wednesday, Nov. 13. The 17,000 square foot store aim to give patrons a taste of the "authentic Italian lifestyle," according to a release.
Eataly Short Hills features a 230-seat restaurant and bar, Eataly Ristorante, which offers traditional antipasti, pasta dishes, Pizza Napoletana, and main courses like chicken Milanese, alongside an extensive wine list.
The store also hosts several quick-serve counters that offer grab-and-go items including coffee, pastries,…
Are You The Lucky One? $40K Lotto Ticket Sold At Long Island Store
Double-check your tickets: You might just be $40,000 richer after a winning ticket was sold on Long Island, lottery officials announced.
A Take 5 winning ticket, worth over $40,000, was sold in Lindenhurst for the Friday, July 28 evening drawing, the New York Lottery announced.
The ticket, worth $40,476.50, was sold at Balinder, located at 76 West Montauk Highway.
Take 5 numbers are drawn from a field of one to 39, with two televised drawings at 2:30 and 10:30 p.m.
Lottery draw game prizes can be claimed up to one year from the drawing date.
The New York Lottery contributed $3.6 billi…
‘Record-Breaking’ Fourth Show Added For Comedian Matt Rife's Connecticut Leg Of World Tour
Tickets to see comedian Matt Rife on his first ever world tour are in such demand that a Connecticut venue is adding more shows to its lineup.
In a Facebook post Thursday, June 8, Mohegan Sun Area, located in Uncasville in New London County, announced it was adding a “record-breaking FOURTH show” for Rife’s “ProbleMATTic World Tour.”
The 27-year-old comic, who has amassed nearly 18 million followers on TikTok and Instagram, is now set to perform in Connecticut from Thursday, Feb. 22 through Sunday, Feb. 25, 2024.
Rife announced the tour Monday, June 5, in a TikTok video featuring fellow …
Winning $50,000 Lottery Ticket Sold At Long Island 7-Eleven
Lottery officials announced that a third-prize winning lottery ticket was sold at a Long Island establishment, making one lucky person $50,000 richer.
A third-prize Powerball ticket was sold at a New Hyde Park 7-Eleven, located at 1599 Hillside Avenue, according to New York Lottery officials.
The ticket has four matching numbers plus the Powerball and is worth $50,000.
According to officials, the winning numbers for the May 24 Powerball drawing are 12, 21, 44, 50, 58, and Powerball 26.
To securely check a ticket, players can use the New York Lottery app.
Draw game tickets expire one …