D
ick's Sporting Goods
is expanding its reach.
The sporting goods
chain opened six new
stores (Lynchburg, VA; Happy Valley,
OR; Annapolis, MD; Wilmington,
NC; Modesto, CA and Houston, TX),
two combination Dick's/Golf Galaxy
locations and three warehouse sales
doors (Monroeville, PA; Olathe, KS
and Royal Palm Beach, FL) last
month.
Additionally, Dick's opened its
first in-store soccer experience
specialty shop at its Leawood, KS
store on Oct. 23. The retailer will
expand the concept to a limited
number of other stores in November.
These Soccer Shops will feature an
expanded selection of equipment
and gear, including cleats, apparel,
training aids and national and club
team jerseys.
Following its most recent store
openings, the retailer has 732 Dick's
Sporting Goods stores, 97 Golf Galaxy
stores and 14 Warehouse Sale
locations nationwide in 47 states. l
THE FOOTWEAR EYE
footwearinsight.com November 2020 ~ Footwear Insight Sports Edition • 9
Contact your rep or email us at:
info@obozfootwear.com to learn more.
New for Spring '21 the Sypes features the Bloom™
Algae O FIT Insole™, ACT Midsole and recycled
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An Evolving Retail Presence
A $1.1B
Valuation
ON THE RADAR
A
cademy Sports +
Outdoors came
in valued at $1.1
billion as its IPO
went off on Oct. 2 with a $12.10
opening price. The Katy, TX
retailer, which raised $203
million in the offering, had
aimed to sell shares between
$15 and $17 for a valuation of
approximately $1.7 billion.
After the IPO, Academy
remains 75-percent controlled
by insiders. Private-equity
firm KKR acquired the now
259-door chain in 2011. l
