Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company this year as business leaders struggle with U.S. President Donald Trump’s threatened tariffs.

Kohl’s reported on Wednesday that both profits and sales declined in the second quarter as the department store wrestles with shoppers’ cautious spending in a challenging economy.

Stocks ended higher on Wall Street but still wound up with weekly losses after several days of bumpy trading.

Foot Locker is naming former Ulta Beauty CEO Mary Dillon as its chief executive, replacing Richard Johnson, who will retire next month after leading the athletic retailer since 2014.

Police have arrested a third suspect named in an Easter weekend mall shooting in South Carolina that wounded nine people.

Foot Locker is helping voters get a leg up this election year. The athletic retailer is joining forces with the non-profit Rock the Vote to give voter registration services. Foot Locker customers will be able to sign up to take part in the political process in the stores starting Sept. 22. [TRENDING: 10-foot bull shark attacks snorkeler in Fla. | Fla. strip club fights to lower dancer age to 18]CEO Richard Johnson says the plan is to “inspire and empower youth culture.”National voter registration day is a non-partisan campaign that debuted in 2012. According to its website, the organization has registered 3 million people.

NEW YORK NEW YORK (AP) Gap is being sued for refusing to pay rent for stores temporarily closed during the coronavirus pandemic. Mall owner Simon Property Group said in a lawsuit filed this week that the clothing retailer owes three months of rent, totaling $65.9 million. Gap Inc. has more than 390 stores at Indianapolis-based Simon's malls, including its namesake brand, Old Navy and Banana Republic. Gap and other major retailers, including sneaker seller Foot Locker, have said they wouldn't pay rent for stores that were forced to close due to the pandemic. In April, Gap warned that it may be sued by its landlords and that a dispute could be costly and have an uncertain outcome.San Francisco-based Gap did not respond to a request for comment Thursday.