NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Dick's Sporting Goods, Inc. (NYSE: DKS) breached their fiduciary duties to shareholders. If you currently own Dick's stock and are a long-term shareholder, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved financial incentive award, or other relief and benefits. Please click here to learn more about you. ...

Core Insights - Dick's Sporting Goods is expanding its retail footprint by opening larger "House of Sport" stores, which range from 120,000 to 150,000 square feet, significantly larger than traditional stores [3][4] - The company aims to create a unique shopping experience that can compete with other retailers, focusing on experiential offerings and a wide range of products [4][12] Expansion Strategy - The first House of Sport opened in 2021, with plans to have 35 locations by the end of the year and up to 100 by fiscal 2027, in addition to over 850 existing stores [9] - Each House of Sport store generates approximately $35 million in annual sales with an EBITDA margin of around 20% [6] Market Positioning - The company is targeting the youth sports market, which is valued at $40 billion annually, with parents spending an average of $1,016 per child for primary sports in 2024, a 46% increase from 2019 [22] - Dick's Sporting Goods has experienced 12 consecutive quarters of comparable sales growth, attributed to a strong replacement cycle and product innovation [23] Product Strategy - House of Sport stores feature a wider selection of footwear and exclusive merchandise, including Nike products not available elsewhere [5][13] - The retailer is also showcasing newer, premium brands and has a rotating co-lab space for testing products [14] Financial Performance - Despite initial skepticism from Wall Street regarding the expansion and a recent $2.4 billion acquisition of Foot Locker, Dick's shares have outperformed other athletic brands [20] - The company reported earnings before taxes of 14% in its most recent quarter, indicating strong financial health [6] Management Philosophy - The company's leadership emphasizes a culture of innovation and risk-taking, with a focus on continuous improvement and adaptability [24][25]

Core Concept - The House of Sport is a new retail concept developed by Dick's Sporting Goods, designed to be a large, innovative store that differentiates itself from competitors and meets future retail demands [1][2][3] Development and Strategy - The concept was initiated about nine years ago, with a focus on creating a store that could potentially drive competitors out of business if they attempted to replicate it [2] - The first House of Sport opened in Rochester, New York, and the company plans to expand to 35 locations by the end of the year and 75 to 100 by the end of 2028 [3][4] - Most locations are repurposed old department stores, such as former Sears buildings, which are renovated to attract mall traffic and improve leasing in underperforming areas [5][6][7] Store Features - House of Sport stores typically range from 120,000 to 150,000 square feet, significantly larger than traditional Dick's stores, which average around 50,000 square feet [8] - Each store includes unique features such as climbing walls, practice fields, and specialized areas for various sports, enhancing the customer experience [9][10] Product Offering - The House of Sport offers a broader selection of brands and products, including exclusive brands like Gym Shark, which are not typically found in standard Dick's stores [11][12] - The strategy focuses on providing innovative and high-quality products to meet the demands of consumers, particularly in youth sports [21][22] Financial Performance - A traditional House of Sport store generates over $35 million in sales with an EBITDA margin of approximately 20%, indicating high productivity and profitability [17] - The company believes it can successfully open more locations in smaller markets than initially anticipated, expanding its reach [17] Acquisition and Future Outlook - The recent acquisition of Foot Locker is seen as a strategic move to enhance the footwear business, despite initial negative reactions from the market [18][19][20] - The company emphasizes long-term investment strategies, focusing on sustainable growth rather than short-term gains [20]

Frasers Group plc has opened the doors to its highly anticipated new three-story 90,000 sq.ft flagship store in Liverpool, bringing together Sports Direct and Everlast Gyms+ under one roof.Since 2022, Frasers Group has invested significantly into elevating Sports Direct as part of its wider Elevation Strategy across all of its brands, led by the Group’s CEO, Michael Murray, who was appointed in May of that year. The Liverpool store’s opening forms a key milestone in the next phase of the brand’s vision to r ...

Key Takeaways DICK'S will onboard about 14,000 seasonal employees across its brands for the 2025 holiday season.The hiring drive to launch on Oct. 22 at its eighth "National Signing Day," offering in-store interviews.Seasonal staff will receive competitive pay, teammate discounts and stores will close on Thanksgiving Day.DICK'S Sporting Goods Inc. ((DKS) has announced a major hiring initiative to onboard about 14,000 seasonal employees across its retail brands for the 2025 holiday season, marking a signific ...

Accessibility StatementSkip Navigation PITTSBURGH, Oct. 16, 2025 /PRNewswire/ -- DICK'S Sporting Goods (NYSE: DKS) announced today that it expects to hire approximately 14,000 seasonal teammates for the upcoming 2025 holiday season. The company's eighth-annual "National Signing Day" will take place on Wednesday, October 22, 2025, marking the official start of this year's recruiting push for seasonal positions. Over 9,100 teammates will be hired to support DICK'S Sporting Goods, DICK'S House of Sport, and Pu ...

Core Insights - The outdoor and sporting goods retail sector is facing significant challenges, with many companies closing stores or going out of business due to a combination of economic factors, shifts in consumer spending, and the impact of the Covid pandemic [1][2][5] Company-Specific Developments - REI, a leading outdoor retailer, is closing several flagship locations, including its only New York City store and a Boston location, as part of a strategy to adapt to changing market conditions [4][11] - Orvis plans to shut down 31 full-price stores and five outlet locations by early 2026, reducing its total from over 70 to 33 stores [6] - Bob's Stores has filed for Chapter 11 bankruptcy and is closing permanently after struggling to recover sales lost during the pandemic [2][6] - Moosejaw, acquired by Dick's Sporting Goods, has closed all remaining stores and its website by August 2024 [6] - Next Adventure, a Portland-based retailer, will shut down all locations by late 2025 due to economic challenges [6] Market Trends - The overall outdoor retail market has slowed, with total sales down 3% to $27.5 billion, affecting all retail channels [9][11] - Independent Outdoor Specialty Retailers have experienced significant declines, with at least half reporting double-digit decreases in sales [11] - Three of the four major product categories (Apparel, Footwear, Equipment) have contracted, while the Accessories category has seen growth [11]

Core Points - Academy Sports + Outdoors is celebrating "Croctober" with promotions on Crocs footwear from October 12 to October 18, including free gifts with purchases and a sweepstakes for a chance to win free Crocs for a year [1][2][3] Promotions and Events - During Crocs Week, customers can receive a free mystery Jibbitz pack with a purchase of $40 or more, available in-store only while supplies last [2] - The company is collaborating with Crocs to support local youth through a donation initiative in Houston, TX, featuring prizes and giveaways [3] Product Offerings - Academy provides a wide range of products including apparel, footwear, sports equipment, and outdoor gear from top national brands, ensuring everyday value for families [4] - The company guarantees the best value by beating competitor prices by 5%, and offers additional savings through its Academy Credit Card [5] Private Label Brands - Academy features exclusive private label brands such as Magellan Outdoors and Freely, offering quality outdoor apparel and equipment for the entire family [6] Shopping Experience - Customers can shop a variety of athletic and casual shoes, sports equipment, and clothing from renowned brands both in-store and online [7] - The myAcademy rewards program offers benefits such as a 10% welcome offer and lower free shipping minimums [8] Company Background - Academy Sports + Outdoors is a leading sporting goods retailer in the U.S., with over 300 stores across 21 states, focusing on a localized merchandising strategy [10]

Core Insights - Academy Sports + Outdoors is expanding its performance running shoe offerings, particularly featuring Brooks shoes, during "Brooks Month" throughout October [1][4] - The launch of the Hero Collection on October 10 aims to honor community mentors and will contribute a portion of proceeds to Marathon Kids, a nonprofit focused on promoting healthy habits among youth [2] - The limited-edition Adrenaline GTS 25 Silver Edition shoes will be available starting November 1, celebrating 25 years of the Adrenaline GTS line [3] Product Offerings - The Hero Collection will include various colorways and price points for both men's and women's styles [2] - Academy's year-round collection features award-winning Brooks performance running shoes, including models like Glycerin 22, Glycerin GTS 22, and Ghost Max 3 [4] - New colorways for the Women's Ghost 17 performance shoe are priced at $149.99, while the Men's Revel 8 performance shoe is available for $99.99 [10] Customer Engagement - myAcademy members can enter a contest to win the limited-edition Adrenaline GTS 25 Silver Edition shoes starting October 20 [3] - Academy offers a rewards program, myAcademy, which includes benefits such as a 10% welcome offer and lower free shipping minimums [7] - The company guarantees the best value by beating competitor prices by 5% and offers additional discounts for Academy Credit Card holders [6] Company Overview - Academy Sports + Outdoors is a leading full-line sporting goods and outdoor recreation retailer in the U.S., with over 300 stores across 21 states [9] - The company was founded in 1938 and focuses on providing a localized merchandising strategy that resonates with a diverse consumer base [9]

Core Insights - Sezzle Inc. has expanded its merchant network with new partners in various sectors, including fashion, sporting goods, beauty, and digital content, in preparation for the 2025 holiday shopping season [1][2]. Merchant Partnerships - New merchants joining Sezzle include Cato Fashions, SCHEELS, D&B Supply, and Dermstore, reflecting a strategic move to cater to price-sensitive consumers during the holiday season [2][4]. - Cato Fashions is noted as a leading women's fashion retailer, while SCHEELS is recognized as a top destination for sporting goods and apparel [2]. Consumer Spending Trends - According to PwC's 2025 Holiday Outlook, consumers are expected to be more price-sensitive, with Gen Z projected to spend nearly 23% less than the previous year, and overall spending across generations expected to dip around 5% [2]. - The focus on discounts and value over splurges indicates a shift in consumer behavior, particularly among younger generations [2]. Strategic Expansion - Sezzle is adapting to Gen Z's preferences by partnering with platforms like Whop, which focuses on social commerce and digital products, allowing users to engage with content more flexibly [3]. - This partnership aligns with the trend of Gen Z prioritizing experiences and digital communities over traditional goods [3]. Performance Metrics - Early results from Sezzle's partnerships indicate significant growth, with Cato brands reporting that Sezzle orders in the first month averaged nearly double their baseline order value [4]. - The company emphasizes its ability to drive meaningful results at scale, showcasing consistent growth in unique shoppers, total orders, and Sezzle-driven volume [4]. Value Proposition - Sezzle positions itself as a solution for both consumers and retailers, helping shoppers budget responsibly while providing retailers with tools to enhance sales and customer loyalty [4].