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By Gina Cloepfil, Ryan Fricke, Logan Malloy. Background.
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Background • With his grandmother’s $300, Dick Stack opened a modest bait and tackle shop in Binghamton, New York. By 1958, at the urging of his loyal customers, he expanded his product line to include much of what you’ll find at Dick’s Sporting Goods today.
As of February 2, 2008, the Company operated 340 Dick's Sporting Goods stores in 36 states primarily throughout the eastern half of the U.S. The Company also owns Golf Galaxy, a multi-channel golf specialty retailer, with 79 stores in 29 states. Dick’s also runs ecommerce websites and catalog operations and Chick's Sporting Goods which operates 15 specialty sporting goods stores in Southern California. Estimated to earn $121 million diluted shares outstanding in 2008. How ‘bout now?
In the store…Dick’s offer a deep assortment of sporting goods and apparel for baseball, football, hunting, golf, fishing and more. The Pro Shop Footwear Fitness Apparel Bikes The Lodge
Outside the store… Commercials & Campaigns : Tailor made, Lance Armstrong, Fan Friday Sponsorship: This year through its Community Youth Sports Program, Dick's will donate more than 50,000 coach's equipment kits to youth baseball, football, soccer, basketball, lacrosse and hockey organizations across select markets – reaching over 1,000,000 kids.
Strengths • Scorecards reward program • Customer Service • Store layout • Located in malls and free-standing sites. • Online Shopping • Bill me Later Program • Advertising • Quality Brands
Weaknesses • Only in 36 states • Only 1 location in Oregon (Washington Square) • Non competitive pricing
Opportunities • Expansion. • Start their own in-store brand. • Olympic advertising and sponsorship. • Co-branding.
Threats • Competition; Big 5, Cabela’s, Sportsman’s Warehouse, Joe’s, Gart Sports, Sports Authority, etc…
Sources • http://www.dickssportinggoods.com/home/index.jsp • http://images.google.com/imghp?hl=en&tab=wi • http://en.wikipedia.org/wiki/Dicks_sporting_goods