Dept. Sporting goods

  1. Stores & Formats
Dick’s Sporting Goods posted strong results in fiscal 2023, which ended Feb. 3, 2024, with $13 billion in net sales, 5% higher than the previous year, and a 2.4% increase in comp store sales. For the coming fiscal year, the retailer is planning $800 million in CapEx expenditures to fund a major brick-and-mortar expansion that […]
  1. Corporate Strategy
WASHINGTON – Retail sales continued to grow in February, building off solid gains from January, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. Click here to access February’s retail data.Total retail sales, excluding automobiles and gasoline, were up 1.06% seasonally adjusted month over month and up 6.3% […]
  1. Media & Marketing
Starbucks and Bank of America (BoA) have forged a new partnership designed to offer extra rewards to their most loyal customers. The millions of BoA cardholders and Starbucks Rewards members in the U.S. can link eligible accounts to earn 2% cash back from Bank of America (on top of the rewards and benefits they already […]
  1. Data & Insights
We just launched the YipitData Consumer Spend Index (YCSI),  a measure of overall and category-level non-seasonally adjusted US retail sales as observed in a large transaction panel.  In January, YCSI showed consumer spending Y/Y growth (ex-gas stations) decelerated slightly from December. Y/Y growth in core retail sales was relatively stable over this period. YCSI saw […]
  1. Stores & Formats
WASHINGTON – Retail sales started strong in 2024, according to figures released Monday by the National Retail Federation. Sales in January nearly matched December’s holiday spending and rose significantly year over year, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions. “January sales continued the strong performance of retail sales in December, which is […]
  1. Holiday & Events
WASHINGTON – The National Retail Federation today cited new U.S. Census Bureau data in reporting that core retail sales increased 3.8% to a record $964.4 billion during the 2023 holiday season. Sales for the full year grew 3.6% over 2022 to a record $5.1 trillion, NRF said. “Consumer spending was remarkably resilient throughout 2023 and […]
  1. Department: Consumer Durables
​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. ORLANDO, Fl. — The days of the resilient consumer could be coming to an end. In a panel at ICR on Monday, Fitch Senior Director David Silverman said it’s been “a surprise” for the consumer to be this healthy over the past […]
  1. Data & Insights
The editors of Retail TouchPoints are sharing our picks for the seven most consequential stories of 2023. As usual, there were lots to choose from — that’s standard for such a dynamic industry — but these were the topics that had “legs” (and are likely to continue to be important in 2024). 1. Resale Continued […]
  1. Technology & Innovation
It’s Friday, Christmas is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Frasers Group, Decathlon, HMV, Boots, and the latest RTIH Top 100 Retail Technology Influencers List. 1. Frasers Group teams […]
  1. Trends & External Forces
The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […]
  1. Channel: Mass
​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Every now and then a leader within retail rises up and becomes the person to watch. They grab headlines. They make bold decisions. They shift the focus of retail — even if it’s only for a short period of time.  But then […]
  1. Data & Insights
This article provides insight into recent consumer category trends based on sell-through data in August and September 2023, highlighting those that have sustained growth and others that are decelerating. Accelerations Non-discretionary categories such as food and pet supplies have seen a notable increase in wallet share gains. This can be attributed to changes in consumer […]
  1. Shopper & Customer
Inflation has been a persistent challenge for retailers this year by creating cautious consumers. For weeks ahead of Black Friday, retailers have been encouraging consumers to spend on what is typically considered the busiest and most important day of the year for the industry. “Retailers are seeing customers across the spectrum become more choiceful and […]
  1. Holiday & Events
​[[“value”:” Dive Brief It could be a good indicator of holiday performance, but that season is “very distinct” from the summer sales event and involve a wider group of competitors. Published Nov. 22, 2023 External shot of a Dick’s Sporting Goods store. Net income fell about 12% in the quarter, to $201 million. Daphne Howland/Retail Dive […]
  1. Data & Insights
Key Takeaways Online Marketplaces like Temu and Amazon are outperforming Share of sales online is stable or rising across most categories Luxury and home goods are underperforming Holiday sales decline for first time in years Contact Sales for more details. Holiday sales are down 1.7% YoY in the first 8 days of the holiday season according […]
  1. Shopper & Customer
August’s overall retail sales in the U.S. showed continuing resilience, with actual growth of 0.6% after economists polled by Reuters had predicted just 0.2% growth. However, the overall data masks some key data points that may be of concern to retailers, including data showing declines in discretionary categories such as furniture (-1.0%) and sporting goods […]
  1. Stores & Formats
Sales for grocery and beverage stores in the US grew 0.4% seasonally adjusted from August. Credit: Peggy Chai from Pixabay. Retail sales in the US increased 0.7% in September 2023 from the previous month and grew 3.8% year-over-year (YoY), according to data from the National Retail Federation (NRF). During the month, retail sales, excluding automobile […]
  1. Shopper & Customer
WASHINGTON – Reports out today on retail sales in September show that consumers have retained the ability and willingness to spend despite accumulating economic headwinds from higher interest rates and slowing growth, according to the National Retail Federation. The NRF’s calculation of retail sales – which excludes automobile dealers, gasoline stations and restaurants to focus […]
  1. Technology & Innovation
Artificial intelligence is no stranger to the retail industry. Amazon.com was an early adopter of AI, leveraging it more than two decades ago to provide online shoppers with fairly rudimentary product recommendations. The use of AI in retail has advanced substantially since then and is now an important staple for brands’ e-commerce technology stacks, driving […]
  1. Department: Nonfood
Target will close nine stores in four cities on Oct. 21, 2023, saying theft and organized retail crime are threatening the safety of its customers and associates and “contributing to unsustainable business performance,” according to a company statement. Target noted that it has made multiple efforts to secure these location, including adding more security team […]
  1. Channel: Mass
Dick’s Sporting Goods, which acquired Moosejaw from Walmart in February 2023 for an undisclosed amount, plans to close all but three of the 14 stores in the outdoor retailer chain, according to multiple media reports. In recent months Dick’s has been putting more energy into formats such as its House of Sport and Public Lands […]
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  Don’t want to cook, don’t want to do dishes, well according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® your kids don’t want you hear you complain about cooking dinner either. Chuck E. Cheese has a new program for that has a great chance to make the entire family happy according […]
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Target reported Q4 and 2023 financial results at its annual investor day on March 5, 2024. Quarterly comp performance improved sequentially from Q2 to Q4, but 2023 ended with comps down -3.7%. Profitability outperformed expectations as the company realized $2B of operating income growth in 2023 and reported notable gross margin improvements. The stock was […]
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Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth.

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