{"id":76505,"date":"2025-11-19T11:13:49","date_gmt":"2025-11-19T11:13:49","guid":{"rendered":"https:\/\/dralysstore.com\/blog\/?p=76505"},"modified":"2025-11-19T11:13:49","modified_gmt":"2025-11-19T11:13:49","slug":"foot-locker-backs-out-of-hq-relocation-to-florida","status":"publish","type":"post","link":"https:\/\/dralysstore.com\/blog\/foot-locker-backs-out-of-hq-relocation-to-florida\/","title":{"rendered":"Foot Locker backs out of HQ relocation to Florida"},"content":{"rendered":"<div>\n<div class=\"text-to-speech\">\n    <button class=\"text-to-speech__button button\"><br \/>\n        <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.retaildive.com\/static\/img\/play.svg?500116090725\" alt=\"\"\/><br \/>\n        Listen to the article<br \/>\n        <span class=\"text-to-speech__button__audio-length\">2 min<\/span><br \/>\n    <\/button><\/p>\n<div class=\"text-to-speech__controls\">\n        <audio controls=\"\" class=\"js-text-to-speech\" preload=\"none\"><source src=\"https:\/\/text-to-speech.divecdn.com\/newspost\/805793\/2025-11-18_12.07.20\/foot-locker-backs-out-headquarters-relocation-florida-dicks-sporting-goods-acquisition.wav\" type=\"audio\/mp3\"><\/source><\/audio><\/p>\n<div class=\"text-to-speech__controls__text\">\n            This audio is auto-generated. Please let us know if you have <a href=\"https:\/\/www.retaildive.com\/contact\/\" target=\"_blank\" rel=\"noopener\">feedback<\/a>.\n        <\/div>\n<\/p><\/div>\n<\/div>\n<p>Foot Locker won\u2019t relocate its headquarters to Florida after all.\u00a0<\/p>\n<p>The company reevaluated its previous decision to move its base to St. Petersburg, Florida, after it was acquired by Dick\u2019s Sporting Goods, per a Wednesday memo City Development Administrator James Corbett sent to the city council.\u00a0<\/p>\n<p>Foot Locker\u2019s current headquarters is in New York, though it is unclear if the retailer\u2019s headquarters will remain there or move to a different location.\u00a0Foot Locker and Dick\u2019s Sporting Goods did not <span>immediately<\/span> respond to requests for comment.\u00a0<\/p>\n<p>\u201cFollowing the acquisition, the company reevaluated its corporate strategy and decided not to move forward with relocating its global headquarters to St. Petersburg,\u201d Corbett said in the memo.<\/p>\n<p>No fiscal impact to the city is expected. However, the move was anticipated to <a href=\"https:\/\/stpete.granicus.com\/player\/clip\/6479?view_id=15&amp;redirect=true\" target=\"_blank\" rel=\"noopener\">create about 230 direct and indirect jobs<\/a> for the city, per a council meeting recording from Oct. 3, 2024.<\/p>\n<p>Foot Locker was expected to receive an <a href=\"https:\/\/www.stpete.org\/2024-10-03%20Agenda%20Packet%20w.%20Updated%20AddsDeletes.pdf?t=202409301441340\" target=\"_blank\" rel=\"noopener\">incentive package of up to $475,000<\/a> and a tax exemption, according to a city council agenda package from the same month.\u00a0<\/p>\n<p>The retailer announced its intent to switch its corporate headquarters from New York City to St. Petersburg, Florida,\u00a0<a href=\"https:\/\/www.retaildive.com\/news\/foot-locker-exits-international-markets-moves-new-york-headquarters\/725490\/\" target=\"_blank\" rel=\"noopener\">on an earnings call<\/a> in August 2024. The move was meant to reduce costs and take place in late 2025.\u00a0<\/p>\n<p>However, in May this year, Foot Locker announced it would be <a href=\"https:\/\/www.retaildive.com\/news\/dicks-sporting-goods-acquires-foot-locker-two-billion-retail-deal\/748229\/\" target=\"_blank\" rel=\"noopener\">acquired by Dick\u2019s Sporting Goods<\/a> in a $2.4 billion deal. The transaction was <a href=\"https:\/\/www.retaildive.com\/news\/dicks-sporting-goods-names-foot-locker-leadership-team-acquisition-closes\/759491\/\" target=\"_blank\" rel=\"noopener\">completed in September<\/a>, with several new executive switch-ups announced.\u00a0<\/p>\n<p>Former Foot Locker CEO Mary Dillon had been the one to share the news about Foot Locker\u2019s intent to move to Florida in 2024. However, she is <a href=\"https:\/\/www.linkedin.com\/in\/mary-dillon-2382808\/\" target=\"_blank\" rel=\"noopener\">no longer at the company<\/a> following the completion of its sale a few months ago.\u00a0<\/p>\n<\/p><\/div>\n<p><\/p>\n<hr>\n<p><strong>Published by Dralys Blog \u2013 Stories | Insights | Innovation<\/strong><\/p>\n<p>Discover more on <a href=\"https:\/\/www.dralysstore.com\" target=\"_blank\">DralysStore.com<\/a><\/p>\n<div class=\"pld-like-dislike-wrap pld-template-2\">\r\n    <div class=\"pld-like-wrap  pld-common-wrap\">\r\n    <a href=\"javascript:void(0)\" class=\"pld-like-trigger pld-like-dislike-trigger  \" title=\"\" data-post-id=\"76505\" data-trigger-type=\"like\" data-restriction=\"no\" data-already-liked=\"0\">\r\n                        <i class=\"fas fa-heart\"><\/i>\r\n                <\/a>\r\n    <span class=\"pld-like-count-wrap pld-count-wrap\">    <\/span>\r\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Listen to the article 2 min This audio is auto-generated. Please let us know if&hellip;<\/p>\n","protected":false},"author":1,"featured_media":75526,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36],"tags":[74,34,65,176,45,177,10],"class_list":["post-76505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dralys-insights","tag-dralys","tag-e-commerce","tag-entrepreneurship","tag-ecosystem","tag-innovation","tag-smart-shopping","tag-technology"],"acf":[],"jetpack_featured_media_url":"https:\/\/dralysstore.com\/blog\/wp-content\/uploads\/2025\/11\/play.svg.svg+xml","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dralysstore.com\/blog\/wp-json\/wp\/v2\/posts\/76505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dralysstore.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dralysstore.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dralysstore.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dralysstore.com\/blog\/wp-json\/wp\/v2\/comments?post=76505"}],"version-history":[{"count":1,"href":"https:\/\/dralysstore.com\/blog\/wp-json\/wp\/v2\/posts\/76505\/revisions"}],"predecessor-version":[{"id":76506,"href":"https:\/\/dralysstore.com\/blog\/wp-json\/wp\/v2\/posts\/76505\/revisions\/76506"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dralysstore.com\/blog\/wp-json\/wp\/v2\/media\/75526"}],"wp:attachment":[{"href":"https:\/\/dralysstore.com\/blog\/wp-json\/wp\/v2\/media?parent=76505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dralysstore.com\/blog\/wp-json\/wp\/v2\/categories?post=76505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dralysstore.com\/blog\/wp-json\/wp\/v2\/tags?post=76505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}