Dept. Sporting goods

  1. Stores & Formats
NEW YORK — Consumers embraced the opportunity to return to physical stores on Black Friday to participate with family and friends in “the sport of shopping,” according to Coresight Research’s annual tour of malls, outlets, super-regional centers, downtown locations and neighborhood centers in the United States and Canada. Going to malls, in particular, was an […]
  1. Media & Marketing
Our guest this week is Allison Cornish, VP of Store Modernization for Pilot Flying J, recorded live in the MarketDial podcast studio at the NACS Annual Show. Allison is deeply experience convenience store industry veteran who was also recently recognized as the Top Woman in Convenience. In a wide-ranging conversation we unpack the evolution of […]
  1. Department: Consumer Durables
The average retail credit card rate has risen to a record 26.72 percent, according to a study by Creditcards.com. There are 24 cards on the market that now charge 30 percent interest on purchases. Retailers including Burlington, Dick’s Sporting Goods and Wayfair all have cards charging 30 percent.
  1. Operations & Supply Chain
What a difference a year or two can make. During 2020 and 2021, retailers struggled to keep up with demand for many items, largely due to supply chain bottlenecks and labor shortages. Shortly after the pandemic started and through last year, a significant reduction of markdowns and in-store promotions took place because retailers could leverage […]
  1. Corporate Strategy
Peloton is cutting another 500 jobs in a move that CEO Barry McCarthy said should position the struggling fitness equipment maker to return to growth. The cuts, which amount to about 12 percent of Peloton’s workforce, mark a pivot point for the company, McCarthy told CNBC on Thursday. Peloton already has had multiple rounds of […]
  1. Corporate Strategy
Peloton will eliminate 500 jobs in its latest round of layoffs, which began in February 2022 with cuts of 2,800 positions. While the layoffs will be felt companywide, they will heavily impact the marketing department. In an interview with the Wall Street Journal, Peloton CEO Barry McCarthy noted that this recent elimination of approximately 12% […]
  1. Department: Nonfood
Dick’s Sporting Goods will begin selling the Peloton Bike, Bike+, Tread, Guide and accessories in more than 100 stores in time for the holidays. Peloton recently announced a deal to sell its equipment and accessories on Amazon. “This partnership [with Dick’s] is a natural fit for our brand and our Member acquisition goals,” said Jen […]
  1. Associates & Employees
Dick’s Sporting Goods plans to hire up to 9,000 seasonal workers to help meet the demands of the upcoming holiday season. The retailer’s hiring plans are roughly the same as last year when it said it added the “largest number of seasonal associates” in its history.
  1. Stores & Formats
DICK’S Sporting Goods will open four new locations of its outdoor specialty retail brand Public Lands this fall, including its first locations in the Southeast and Northwestern U.S. Nearly one year after launching the concept with a 50,000-square-foot store in Pittsburgh, the Public Lands footprint will more than double its brick-and-mortar presence as it expands […]
  1. Shopper & Customer
WASHINGTON – Consumers’ willingness to spend overcame inflation again in August as more jobs and higher wages helped ease some of the pressure of continuing high prices, the National Retail Federation said on Thursday. “August retail sales show consumers’ resiliency to spend on household priorities despite persistent inflation and rising interest rates,” NRF President and […]
  1. Media & Marketing
Buying groceries online simply cost much more than it does in the store.  However according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® “saving time and convenience at this point in time are continuing to drive adoption. In case you did not know, grocery shoppers remain undeterred by high e-commerce grocery prices, […]
  1. Corporate Finance
Tuesday Morning Corp., the Dallas-based off-price home goods retailer, has entered into an agreement to secure $32 million in debt financing from a special purpose vehicle (SPV) formed by Retail Ecommerce Ventures (REV) — the owner of Pier 1 Imports, Linens ‘n Things, Stein Mart, Modell’s Sporting Goods — and Ayon Capital LLC. Additionally, several […]
  1. Channel: Delivery
We’re teaming up with Klarna to introduce even more ways to pay for your purchases online on Instacart.com and in the Instacart app. Our partnership gives you more flexibility to pay for same-day delivery across a range of categories, including everything from home improvement to beauty and bulk purchases. Beginning today, you can select Klarna’s […]
  1. Shopper & Customer
Many households may be heading back to school, but the holiday season is on the minds of many retail executives. That’s why summer 2022 is prime time for Retail TouchPoints to kickstart holiday coverage. We asked retail experts and analysts to share their predictions for the upcoming holiday season and offer tips to help retailers […]
  1. Shopper & Customer
Last Friday, the team at RETHINK hosted their third Small Groups Mixer, a monthly virtual event catered to all of 2022’s Top Retail Influencers. During the Mixer, topics ranging from RFID to stagflation, DTC, and the retail experience were discussed at length. Here, we’ll explore these topics and additional insights from the Mixer with the […]
  1. Shopper & Customer
Christmas might come early this year as retailers hedge an uncertain outlook with earlier sales events and an attempt to start gift buying sooner and drive more sales in final months of 2022. This was evident Tuesday (Aug. 30) as Walmart unveiled its 2022 Top Toy List “to help families plan ahead and save on […]
  1. Retail Ecosystem
Consumers are looking to get around inflation by buying more secondhand goods from one another. “While recommerce has become popular in culture with its use for clothing resale, our research found that 76 percent of items bought and sold pre-owned are not apparel and instead fall into the categories of electronics, furniture, home goods, home […]
  1. Media & Marketing
The biggest audience companies play to these days is their employees, not their customers. Certainly, customers matter. But employees matter more. Customer-centricity is subordinate to employee-centricity. For example, word-of-mouth super-guru Ed Keller recently reported research showing that only friends/family and online reviews rank above employees for advice about what to buy, and this influence is […]
  1. Operations & Supply Chain
Dick’s Sporting Goods reported revenues of $3.11 billion during the last quarter, above the $3.07 billion expected by analysts. The company now expects earnings per share to come in between $10 and $12. That’s up from its previous guidance of $9.15 to $11.70. The chain said its inventory position is in good shape, meaning that […]
  1. Media & Marketing
Willies has rolled out Brightpearl’s retail operating system. The UK-based retailer, which specialises in ice hockey, inline hockey and figure skating equipment, now has access to such features as Automation Engine, plug and play integrations, Inventory Planner Premium and advanced reporting functionality. Launching in 2018, Willies has grown rapidly and sought a speedy and reliable […]
  1. Operations & Supply Chain
Finnish design house Marimekko will launch its new community-driven resale and vintage marketplace, Pre-loved, on Aug. 25, 2022 in partnership with Archive. The debut follows a pilot concept that began one year ago with Marimekko selling 60 unique vintage pieces online to celebrate the brand’s 70th anniversary. The program’s goal is to increase the lifespan […]

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  1. Associates & Employees
  2. Trends & External Forces
  3. Associates & Employees
  4. Operations & Supply Chain
The food industry, like most other sectors of the US economy, has been working hard to overcome hurdles in hiring and retention to keep their operations properly staffed. According to the Food Retailing Industry Speaks 2022 report from Arlington, Va.-based FMI – The Food Industry Association, in 2021 the turnover rate for food retail employees […]
  1. Trends & External Forces
  2. Shopper & Customer
  3. Trends & External Forces
  4. Holiday & Events
KEY POINTS With prices near historic highs, more consumers are leaning on buy now, pay later to afford their holiday shopping. “It means a merry Christmas, but in the long run for many will hurt their credit,” says Marshall Lux, a fellow at the Harvard Kennedy School. Americans are increasingly finding alternative ways to satisfy […]
  1. Holiday & Events
  2. Corporate Strategy
  3. Corporate Finance
  4. ESG
  5. Media & Marketing
  6. Agencies & Vendors
  7. Data & Insights
  8. Shopper & Customer
  9. Technology & Innovation
  10. Trends & External Forces
  11. Holiday & Events
  12. Operations & Supply Chain
  13. Stores & Formats
Shopper turnout for Thanksgiving Weekend handily exceeded expectations — a record 196.7 million shoppers went shopping for great deals, compared to 179 million in 2021 and 30 million more than the projected turnout of 166.3 million, according to the National Retail Federation (NRF). The growth was in line with an equally successful digital weekend, capped […]
  1. Shopper & Customer
  2. Acquisitions, Divestitures & Mergers
  3. Data & Insights
  4. Shopper & Customer
CHICAGO — The loudest voice in the room commands the most attention, but it may not speak for the masses. Likewise, social media fads may not reflect actual trends; there’s a mismatch between what consumers say they want and what they actually buy. In an environment rife with misinformation, startups must tune out the superficial […]

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