Dept. Sporting goods

  1. Media & Marketing

Beyond Sign-Ups: How Loyalty Amplifiers Help You Increase Sales and Point Burn

Interested in maximizing the impact of your company’s loyalty program? You’re not alone. Loyalty programs drive improvements in revenue, customer retention and other factors that are vital to your brand’s success. In the first installment of our three-part series, we focused on the initial stages of loyalty programs: acquisition and education/onboarding. But what happens after […]
3 min read
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  1. Department: Consumer Durables

The Weekly Closeout: Adidas left with $1.3B in Yeezy shoes, Dick’s Sporting Goods, NCAA partner for March Madness

The activewear brand ended its relationship with Ye last October with lots of inventory, while Dick’s is the exclusive partner for the championship season.
< 1 min read
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  1. Stores & Formats

Dick’s Doubles Down on House of Sport Format, Planning 19 New Locations by 2024

Through a combination of converting existing stores and building at least 10 new stores next year, Dick’s Sporting Goods will add at least 19 House of Sport locations by 2024. The retailer also plans to exit its Field & Stream banner; after closing 12 of those stores in Q4 2022, which ended Jan. 28, 2023, […]
2 min read
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  1. Department: Consumer Durables

Dick’s Sporting Goods to Shutter Field & Stream Brand

Dick’s Sporting Goods is shifting focus away from its Field & Stream stores toward its House of Sport concept, a significantly larger — and more profitable — version of the familiar Dick’s Sporting Goods store. Dick’s opened its first Field & Stream in 2013, catering to outdoor enthusiasts and hunters. Navdeep Gupta, executive vice president […]
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  1. Department: Consumer Durables

Dick’s Sporting Goods finishes up the fourth quarter with strong performance

Dick’s Sporting Goods reported a better-than-expected gain of 5.3 percent in same-store sales for the fourth quarter. The chain’s net sales set a new quarterly high. Dick’s is looking for same-store sales this year that fall between flat to up two percent compared to 2022.
< 1 min read
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  1. Department: Food

Grocerants at the Intersection of Growth and Success

  The consumer is dynamic not static.  At the intersection of consumer migration to new avenues of distribution, and the wiliness of chain restaurants to move with consumers fast enough, is year over year customer counts.  It’s at the intersection that Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®, asks are you as […]
6 min read
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  1. Channel: Mass

Dick’s Sporting Goods to Acquire Moosejaw From Walmart

Dick’s Sporting Goods is buying the outdoor retailer Moosejaw from Walmart for an undisclosed amount of money, Dick’s announced Wednesday in a press release. Moosejaw was acquired by Walmart for a reported $51 million in 2017. It’s mostly an e-commerce platform, but operates brick-and-mortar locations in Arkansas, Colorado, Illinois, Kansas and Missouri. Moosejaw will join Dick’s […]
< 1 min read
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  1. Channel: Mass

Dick’s Expands Reach into Outdoor Category with Acquisition of Moosejaw from Walmart

Dick’s Sporting Goods has agreed to acquire outdoor retailer Moosejaw from Walmart for an undisclosed amount. The deal is expected to close in March 2023. The acquisition expands Dick’s outdoor portfolio — currently led by Public Lands, which Dick’s launched in 2021 — and reaffirms the retailer’s “commitment to the long-term business opportunity in the growing multibillion-dollar […]
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  1. Shopper & Customer

5G in Retail: Creating the WOW factor

The Cambridge Dictionary defines the wow factor as a quality that makes someone feel great excitement or admiration. In retail, the wow factor refers to the business’ ability to amaze customers and convert them into store or brand admirers. A recent study from Wharton’s Baker Retailing Center and The Verde Group found that retailers can […]
4 min read
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  1. Shopper & Customer

How to Create Immersive Retail Experiences

Digital signage looks vastly different today from my early days working for a niche hardware manufacturer developing simplistic solutions for groceries and customer-facing retail applications. Digital signage then was quite simplistic. These solutions didn’t incorporate interactive touch — because most solutions ran solely on a USB stick with a media or DVD player. However, those […]
4 min read
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  1. Shopper & Customer

NRF says retail sales picked up in January

WASHINGTON – Retail sales bounced back strongly in January as inflation eased and income grew, the National Retail Federation said today. “Despite inflationary headwinds, January retail sales show the resiliency of consumers in how they manage their budgets and make decisions on how, when and where to spend their hard-earned dollars,” NRF President and CEO […]
2 min read
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  1. Corporate Finance

Tuesday Morning Files Chapter 11 for the 2nd Time in 3 Years

Off-price home good and décor retailer Tuesday Morning announced it’s filing for Chapter 11 bankruptcy protection. The company is “pursuing a financial and operational reorganization to enable it to reduce its outstanding liabilities, obtain significant and necessary capital, and ultimately transform into a nimbler retailer that serves heritage markets in a profitable manner,” according to a […]
< 1 min read
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  1. Partnerships & Alt Profit

Dick’s Plans 200 Gear Trade-In Events for First Half of 2023

Dick’s Sporting Goods is expanding its partnership with online marketplace SidelineSwap, with plans to host a series of 200 sports gear trade-in events across 19 states in the first half of 2023. Dick’s first teamed up with SidelineSwap — a peer-to-peer platform where athletes can buy and sell used sporting goods — in 2022, and the […]
2 min read
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  1. Shopper & Customer

To Experience the Future of Retail, You’ll Want to Go to the Store

Over the past three years, most of us have done a lot more shopping online, so it’s easy to forget that while ecommerce is still growing, most retail commerce still happens in stores. In Q3 2022, ecommerce accounted for less than 15% of all retail sales. That means brick-and-mortar is still going strong, and not […]
4 min read
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  1. Trends & External Forces

Inflation is cooling, but prices on many items are going to stay high for months

Inflation may be cooling. But, for most Americans, the price of a cup of coffee or a bag of groceries hasn’t budged. In the months ahead, the big question is whether consumers will start to feel relief, too. Over the past few months, many of the key factors that fueled a four-decade high in inflation […]
6 min read
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  1. Retailer Media

Retail Media will add Fuel to the Fire for M&A in AdTech

If you think those “sponsored” products on Amazon are an innocuous little niche of advertising, think again. Those sponsored positions are what are now known as retail media, which has become the third-largest U.S. digital advertising channel after paid search and paid social campaigns. Even more impressive, eMarketer expects it to nearly double, from $31 […]
4 min read
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  1. Holiday & Events

NRF: Holiday sales grew 5.3% to $936.3 billion

WASHINGTON – Retail sales during 2022’s November-December holiday season grew 5.3% over 2021 to $936.3 billion, falling short of the National Retail Federation’s forecast amid continuing inflation and high interest rates, NRF said today. While holiday growth was less than expected, sales for the year grew 7% over 2021 to $4.9 trillion, meeting NRF’s forecast […]
3 min read
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  1. Channel: Club

Costco’s December sales beat shows the Club holding is still the retailer to own

[[“value”:”Club holding Costco Wholesale (COST) delivered strong sales growth in December, demonstrating the retailer’s ability to consistently attract customers despite gathering economic headwinds. For the 5 weeks ended Jan. 1, Costco’s net sales increased 7% year-over year, to $23.8 billion, the company reported Thursday. Total comparable sales, which excludes the impact of fluctuations in gasoline […]
2 min read
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  1. Trends & External Forces

Pickleball popularity exploded last year, with more than 36 million playing the sport

South Pasadena, CA – July 23: Pete Dinero, right, eyes a shot as his partner David Valera looks on as they play pickleball at the Arroyo Seco Racquet Club in South Pasadena on Saturday, July 23, 2022. Keith Birmingham Getty Images Terri Graham, the co-founder of the Minto US Open Pickleball Championships, the largest event […]
3 min read
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  1. Department: Food

U.S. Inflation: How Much Have Prices Increased?

Can I share this graphic? Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist. When do I need a license? Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. […]
9 min read
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  1. Trends & External Forces

November sales dip vs. October, up from last year

WASHINGTON – November retail sales were down from October, when inflation worries prompted a surge of early holiday shopping. But retailers’ November sales still reflected solid year-over-year growth that marked a strong start to the holiday season, according to the National Retail Federation. “Consumers continued to spend on household priorities and holiday gifts for loved […]
3 min read
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  1. Department: Nonfood

2022 Retail Ranking: Black Friday and Cyber Monday

Key takeaways Almost 1-in-4 shoppers spent the most at Amazon during Cyber-5 Home goods and furnishings retailers lost top wallet share lapping difficult pandemic comps Dollar stores and warehouse clubs gained top wallet share as consumers traded down on inflation Earnest Analytics First Choice Retailer Methodology The Earnest First Choice Retailer Rankings are based on […]
6 min read
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  1. Stores & Formats

Report: Black Friday turnout ‘solid’

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 […]
3 min read
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  1. Media & Marketing

Exploring Retail’s New Horizons with Pilot Flying J’s Allison Cornish

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 […]
2 min read
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  1. Channel: Mass
  2. International
  3. Shopper & Customer
  4. Technology & Innovation

Tesco infuriates shoppers as it slashes Clubcard points value

Supermarket giant Tesco came under fire following the announcement that it will be reducing the value of Clubcard reward vouchers from June 2023. The reduction will come into force after… The post Tesco infuriates shoppers as it slashes Clubcard points value appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  2. Corporate Strategy
  3. Corporate Finance
  4. Partnerships & Alt Profit
  5. Media & Marketing
  6. Agencies & Vendors
  7. Data & Insights
  8. International
  9. Shopper & Customer
  10. Technology & Innovation

aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category

AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […]
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  1. Partnerships & Alt Profit
  2. Partnerships & Alt Profit
  3. Shopper & Customer
  4. Technology & Innovation

Kroger lands deal for self-driving truck deliveries

Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […]
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  1. CPG: Food
  2. Channel: Grocery
  3. Department & Category
  4. Department: Beverage
  5. Department: Food
  6. Corporate Strategy
  7. Shopper & Customer
  8. Technology & Innovation
  9. Trends & External Forces
  10. Merchandising
  11. Owned Brands (Private Label)

Albertsons Redesigns and Expands Open Nature Own Label Line

Albertsons yesterday unveiled what it said was “the redesign of its Open Nature brand as the company strives to become the brand of choice for those health-conscious shoppers seeking a more balanced lifestyle. Open Nature, which is part of Albertsons Cos. Own Brands portfolio, provides shoppers with tasty foods made with thoughtfully chosen ingredients that […]
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