Dick's Sporting Goods

DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories. It also owns and operates Sporting Goods, Golf Galaxy, Field & Stream, Public Lands, Going Going Gone!, and other specialty concept stores; and DICK'S House of Sports and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile application for video streaming, scorekeeping, scheduling, and communications. The company sells its product through e-commerce websites and mobile applications. As of January 29, 2022, it operated 730 DICK'S Sporting Goods stores. The company was formerly known as Dick'S Clothing and Sporting Goods, Inc. and changed its name to DICK'S Sporting Goods, Inc. in April 1999. DICK'S Sporting Goods, Inc. was incorporated in 1948 and is headquartered in Coraopolis, Pennsylvania.

Richard "Dick" Stack started the company as a fishing tackle store in Binghamton, New York, in 1948. He began with a $300 loan from his grandmother.Edward W. Stack and his siblings purchased Dick's from their father in the early 1980s, when the company had two locations in Upstate New York. Stack established a board of directors, opened additional stores, and relocated the company's headquarters to Pittsburgh in 1994. He became chairman and chief executive officer following his father's retirement in 1984, and led the company during its initial public offering in 2002.Dick's operated primarily throughout the Eastern United States, up to 2009, and has since expanded to the Pacific Northwest and West Coast. There were more than 357 Dick's stores in 38 states, as of mid 2008.In 2012, the company opened three True Runner stores targeting runners in Boston, the St. Louis suburb Brentwood, and Pittsburgh's Shadyside neighborhood. The stores closed in early 2017.Dick's launched the women's athleisure, fitness, and lifestyle store Chelsea Collective in 2015, opening two stores in Pittsburgh and Tysons, Virginia, in the Washington, D.C. metro area. The shops closed in 2017.The company launched Dick's Team Sports HQ in early 2016, offering youth sports teams websites, uniforms, and sponsorship options.Dick's opened its first Field & Stream store in Cranberry Township, a suburb of Pittsburgh, in 2013. Thirty-five Field & Stream stores are open across the country, as of 2018. Jason Aldean became the Field & Stream brand's first spokesperson in August 2016.Following the Stoneman Douglas High School shooting in February 2018, Dick's stopped selling assault weapons and high-capacity magazines, and increased the minimum age for purchasing guns to 21. Dick's-branded stores had suspended assault-style weapon sales following the Sandy Hook Elementary School shooting in 2012, but the guns were still available for purchase at Field & Stream locations. Dick's has never carried bump stocks.The company currently operates five distribution centers. The most recent, in Conklin in Southern Tier, New York opened in January 2018, and was further expanded to fulfill online sales a few months later.In 2019, Dick's launched its private-label clothing line called DSG. The company's other brands include the women's line Calia, and their menswear brand VRST.Dick's opened its first "House of Sport" concept stores in Victor, New York and Knoxville, Tennessee in 2021. The stores are larger than Dick's flagship locations, sell higher-end gear and include features such as an outdoor turf field and track, climbing wall, batting cages, and a digital golf range. Dick's also launched Public Lands in 2021, a chain of stores that focuses on outdoor recreation including camping, hiking, and biking.

Acquisitions

Dick's acquired Galyan's in July 2004. The company agreed to purchase Golf Galaxy for $225 million in November 2006. Dick's confirmed plans to close Golf Galaxy's headquarters in Eden Prairie, Minnesota in mid 2008.Dick's purchased the San Diego-based sports management technology company Affinity Sports for an undisclosed amount in mid 2016. In September, Dick's acquired Sports Authority's brand name and intellectual property. There were 450 Sports Authority locations at the time.Dick's acquired Golfsmith, the largest golf retailer in the United States, at a bankruptcy auction in October 2016. Dick's bid approximately $70 million for all of Golfsmith's intellectual property and inventory. The company planned to retain around 30 of Golfsmith's more than 100 locations, as well as 500 employees. Dick's rebranded 36–38 Golfsmith stores in 16 U.S. states as Golf Galaxy in 2017. This increased the number of Golf Galaxy stores to 98, located in 33 states.

Lawsuits and legal proceedings

In July 1971, Dick's was told of infringing a patent owned by Furnace Brook, LLC, in a lawsuit filed in the Northern District of Illinois.

On March 31, 2005, the company restated the first three fiscal quarters of 2004 as well as full-year figures due to adjustments to its accounting for leases and tenant or construction allowances.

In June 2009, Dick's was accused of infringing a patent owned by The Donkey Company, Inc., in a lawsuit filed in District Court for the District of New Jersey.

In February 2014, Dick's brought a lawsuit against Modell's Sporting Goods CEO, Mitchell Modell , for going undercover into one of their stores to gain access to retail secrets. The lawsuit was settled out of court by April for undisclosed terms. Independent analysts suggested that Modell visited the store on a whim, rather than as part of some plot to steal information.

In 2018, Dick's was sued for age discrimination by at least two different people for no longer selling long guns to 18-20 year olds where legal. One case was settled in November 2018; details of the settlement are confidential, but it did not directly result in any changes to the retailer's policies. The second case was reported as "resolved" by an attorney for the plaintiff in late 2018 without disclosing details of any settlement.

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