Dick’s said in a statement provided to SGB Exec: “We opened Chelsea Collective stores as a lab to more thoroughly understand the women’s specialty athletic business. As the leases at both locations are expiring soon, we have concluded the very successful experiment. We have learned a great deal from Chelsea Collective and the valuable insights will be transferred to Dick’s Sporting Goods to better serve our female customers.”
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Dick’s Amps Up Price Match Guarantee
Dick’s Sporting Goods on Monday launched an expanded price-match policy that matches nearly all competitor’s online and offline prices, including Amazon, Wal-Mart and vendor websites.
Dick’s C-Level Continues To Undergo Revamp
Dick’s Sporting Goods’ hiring of Scott Hudler, formerly of Dunkin’ Brands, as SVP and chief marketing officer comes on top of a number of exec changes earlier in the year and underscores the sporting goods chain’s continued commitment to its omnichannel push.
Mission Launches National TV Campaign To Support HydroActive Max
Mission, the apparel and accessories brand specializing in temperature control technologies, is launching a national TV campaign starring Serena Williams, Dwyane Wade and Drew Brees to support the launch of its HydroActive Max Instant Cooling Towel. Proven to provide up to 30 percent greater Cooling Power than the original cooling towels, the HydroActive Max Technology […]
Dick’s To Open Three Additional Stores In May
With the grand opening of new stores in Georgia and California, Dick’s will have 697 locations in the country.
Top 20 Most Clicked Headlines Last Week
Dick’s Sporting Goods, Gander Mountain, TaylorMade and Amazon ranked among the most popular stories last week on sgbonline.com.
Dick’s To Rein In Expansion After Rocky Q1
Said Ed Stack, chairman and CEO, “In 2017 we expect to open approximately 43 Dick’s stores, of which 19 are former TSA stores. In 2018 we expect to open between 15 to 20 stores – most of these leases are already signed. And in 2019 it can be as few as 5 to 10.”
Nike, Adidas and Under Armour Rank Among Most Valuable Brands
Nike landed at 28 on Brand Finance’s ‘Global 500 2017” ranking of the most valuable brands. Adidas was 138, Under Armour, 275, and North Face, 480.
Nike’s Concentration At Foot Locker Dips
About 68 percent of Foot Locker’s sales came from Nike Inc. in 2016, down from 72 percent in 2015, according to Foot Locker’s annual report.
Dick’s To Eliminate 20 Percent Of Its Vendor Mix
While reporting fourth-quarter earnings that arrived slightly ahead of targets, Dick’s Sporting Goods Inc. said it’s implementing a new merchandise and vendor matrix that will reduce up to 20 percent of its brands.
Sports Direct Exploring Bankruptcy Bid For Bob’s, Eastern Mountain Sports
Sports Direct International Plc, the U.K.’s largest sporting goods chain, is in discussions to become the stalking horse bidder in a bankruptcy auction of Eastern Outfitters LLC, the parent of Bob’s Stores and Eastern Mountain Sports, according to Reuters.
The Trump Effect On Firearms
Following eight years of explosive growth that saw the number of federally licensed manufacturers more than triple, the firearms industry is poised for consolidation.
Active Lifestyle Retail Stocks Outpaced Vendors In 2016
The rash of active lifestyle retail bankruptcies in 2016 cast a pall over the industry on Wall Street in 2016, but also clearly helped those left standing in retail. Active lifestyle vendors, on the other hand, had a rougher go of it.
Dick’s Opens First Former Sports Authority Locations
Re-opening celebrations in former Sports Authority stores are set for Elk Grove, CA; Seattle, WA; and West El Paso, TX.
By The Numbers, Week Of October 31
The leading figures from this week’s news in the active lifestyle space.
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