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The American Retail Company: Dick’s Sporting Goods

Dick’s Sporting Goods, Inc. – an American sporting goods retail company, based in Coraopolis, Pennsylvania. The firm was built by Richard Dick Stack in 1948 and has about 850 stores and 30,000 employees according to a 2018 report.

Dick Stack holds the biggest sporting goods retail company in the US, for about 850 stores. The public firm is outside Pittsburgh. The firm’s subsidiaries cover Field & Stream and Golf Galaxy, and earlier, True Runner and Chelsea Collective.

There were 690 Dick’s stores, close to 100 Golf Galaxy locations in 2017, and about 30 Field & Stream stores. The firm launched Team Sports HQ, a collection of digital products, following the purchases of Blue Sombrero. Affinity Sports. GameChanger.

Dick’s Sporting Goods Foundation

The Dick’s Sporting Goods Foundation in 2014 committed up to $2M seasonally to subsidize youth sports through its Sports Matter program. More than $50M has been pledged for youth sports actions. It served hundreds of thousands of athletes, as of mid-2018. The firm also launched an awareness campaign with Michael B. Jordan and Jon Gruden attending as spokespeople.

They worked with Judd to release We Could Be King, a documentary film about two Philadelphia high school football teams forced to join due to lack of funding. Following Hurricane Harvey and Hurricane Irma. The foundation donated $2M to youth sports facilities and programs in affected areas. Including $120,000 for Houston’s reVision soccer team. It comprised of emigrants from Africa. Dick’s next featured the crew in a documentary-style advertisement called reVision FC: A Holiday Assist.

Sponsorships and Partnerships

The firm-sponsored Olympic and Paralympic athletes. Later became the official sporting goods retailer for the Team United States of America for the 2016 Summer Olympics and Paralympics.

Team USA and Dick’s established the Contender Program and Ambassador’s Program in partnership with the US Olympic Committee, employing Olympians and proposed Olympic athletes.

As of March–July 2016 Dick’s employed about 200 Team USA athletes playing in 35 different Olympic and Paralympic sports. All of these athletes worked in 89 stores in over 32 states.

What did Reports State?

According to a 2018 report, Dick’s Sporting Data was out and is shown below –
Revenue is marked at US$8.436 billion
Operating income is marked to US$444.73 million
Net income is US$319.86 million
Total assets are US$4.187 billion
Total equity is around US$1.904 billion
Number of employees: 30,000

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