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Dick's Sporting Goods

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Dick's Sporting Goods, Inc.
Company typePublic (NYSEDKS)
Industryretail
Founded1948
Headquarters Pittsburgh,Pennsylvania
Key people
Barney, CEO
Tim Kullman, CFO
Joe Schmidt, COO
ProductsApparel, sports equipment, shoes
RevenueIncrease$ 3.88 billion USD
Number of employees
7,500
Websitewww.DicksSportingGoods.com

Dick's Sporting Goods (NYSEDKS) is the largest full-line sporting goods retailer in the world.[citation needed] It is headquartered in Findlay Township, near Pittsburgh, Pennsylvania and has locations in thirty-four states with 345 stores.

History

Dick's was founded by its namesake Dick Stack when he was just 18 years old in 1948. Stack worked at an Army/Navy store in Binghamton, New York, when his idea of expanding its product line to include fishing supplies was mocked by the owner. Relating his disappointment to his family that night, his grandmother decided to give him her life's savings and instructed him to "follow his dreams" with it. Opening up the first Dick's as a "bait & tackle" fishing supply store that same year and expanding into general sports merchandise in the late 1950s.

In the early 1990s Dick's began chain operations, opening additional stores across Upstate New York,[1] before moving its headquarters to Pittsburgh in 1994.[2]

Edward W. Stack has served as the Chairman and Chief Executive Officer of Dick's Sporting Goods since 1984 when Dick Stack retired from the company's then two-store chain. Mr. Stack has served the company full-time since 1977 in a variety of positions including: President, Store Manager, and Merchandise Manager.

File:Gaylanssportinggoods.GIF
Old Gaylan's Trading Company storefront.

In 2004, the company acquired forty-eight locations from Galyan's Trading Company, another sporting goods store. In 2007, they acquired Golf Galaxy which operated 65 golf superstores. On December 27th, 2007, Dick's Sporting Goods announced its buyout of Chick's Sporting Goods, a California based company.

In the next year, Dick's Sporting Goods will expand into the as-of-yet unsettled states of Oregon (Tigard, OR, a suburb of Portland), Mississippi, California, and Louisiana, with continued expansion in like Alabama, Arizona and Texas.

File:Dickssportinggoods.JPG
Dick's Sporting Goods storefront. The facade, with its characteristic arched roof extending over the marquee, indicates that the store opened as a Galyan's.

Today

Through its over 330 locations[citation needed] and a growing internet order business, Dick's provides authentic full-line sporting goods with a broad assortment of brand name sporting goods equipment, apparel, and footwear in a specialty-store environment. William Colombo has retired and has handed the job off to the new COO of Dicks, Joseph Schmidt.

Dick's Sporting Goods' retail internet site is operated under a licensing agreement with GSI Commerce, which also operates the e-tailing site for Sports Authority.

The Lodge section of a modern Dick's Sporting Goods store.

References

  1. ^ Niedt, Bob (1993-04-29). "Wilmorite to boost CNY malls". Syracuse Herald-Journal. {{cite news}}: |access-date= requires |url= (help); Check date values in: |date= (help); Cite has empty unknown parameter: |coauthors= (help)
  2. ^ Lindeman, Teresa F (2004-11-21). "Ed's way stacks up well for Dick's". Pittsburgh Post-Gazette. {{cite news}}: |access-date= requires |url= (help); Check date values in: |date= (help); Cite has empty unknown parameter: |coauthors= (help)