Dick's Sporting Goods: Business Analysis

Improved Essays
The much loved sports retailer is now no longer a chain after it filed for bankruptcy on March 2, 2016. The last stores were open until May 18, 2016, until they hand to be shut down, and the company was closed for good. The spaces left by Sports Authority, are now being filled by its successor, Dick’s Sporting Goods, founded by Richard Stack in 1948. We will see if the replacement is as good as the original. Sports Authority was a sports retailer with its headquarters in Englewood, Colorado. It was founded 29 years ago in November of 1987, in Lauderdale Lakes, Florida, by Jack A. Smith, Roy M. Cohen, Richard Lynch, and Arnold Sedel. The first store was opened in November of 1987 in Fort Lauderdale, Florida, its first headquarters were

Related Documents

  • Improved Essays

    Chick-Fil-A Case Study

    • 556 Words
    • 3 Pages

    Founded in the early 1960’s by Truett Cathy. CFA is a family owned…

    • 556 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Kohl's Corporation History

    • 1125 Words
    • 5 Pages

    Kohl’s Corporation History During 1962 in Brookfield, Wisconsin, Max Kohl opened his first department store, Kohl’s. With its opening emerged a new experience for shoppers. Shoppers were now able to find everything from shoes, car accessories, candy to sporting equipment in one place.…

    • 1125 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Rawlings Sporting Goods is one of the most respected sporting goods manufacturers in the world. They attribute a lot of their success to their marketing department and their one-of-a-kind products. They also have a reputation of being “the” original baseball glove, a difficult reputation to live up to with respectable new entrants in the baseball equipment market. Rawlings was started in 1887 in St. Louis by two brothers, George and Alfred Rawlings. The company has been the market leader in the sporting goods industry the vast majority of the company’s existence.…

    • 1898 Words
    • 8 Pages
    Great Essays
  • Great Essays

    In 1982, Vera Bradley was founded with an idea of two neighbors, a work space of a ping pong table, and $500! The founders were disappointed while traveling that baggage was no longer beautiful and they started their own brand. The company was named after founder, Barbara Bradley Baekgaard’s mother, Vera Bradley. Vera worked for the company as a sales person until she passed in the early 1990s. The stores still celebrate her birthday each year (“About Vera Bradley”)!…

    • 1398 Words
    • 6 Pages
    Great Essays
  • Decent Essays

    The company’s name is “Annapolis Outfitters Clothing Store.” This is to identify the store with the city of Annapolis, Maryland, where bought store’s inventory were. Annapolis Outfitter’s primary goal is to find customers and help them change their look. We will cater to the person wanting to create a different look by purchasing clothing and accessory…

    • 57 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    In 2014 the market for Sporting Goods in the United States was projected upwards of 63 billion dollars. This figure take into account licensed sports merchandise, athletic footwear and apparel, and exercise equipment. Last year Dick’s had over 5.8 billion in sales giving it roughly 9% of the US retail sporting goods industry. Dick’s sporting goods has plenty of room to grow. They are continuing to work…

    • 806 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The roaring twenties created a variety of sports and games. Many legends of baseball came out of this decade including Babe Ruth and Lou Gehrig. The Harlem globetrotters was created in 1927, Abe Saperstein was the founder of the globetrotters and toured the North American continent with them. Crossword puzzles, Lincoln Logs, Mini-golf, and the yo-yo were all created in the 1920’s and are still in existence to this day! The National Football League (NFL) was created in the 20s’ as well, George Halas (a phenomenal player, coach and owner of the Chicago Bears) and others met in Canton Ohio.…

    • 120 Words
    • 1 Pages
    Improved Essays
  • Improved Essays

    My Slobovia native friend, Abner Scott, contacted me indicating that he was getting the opportunity to come to America for the first time. Abner has never visited America let alone anywhere outside of Slobovia. In his native home of Slobovia, he does not have a lot of things because he lives in a third-world country. I was excited when Abner contacted me with the great news of being able to visit America. After he reached out to me, I started planning things for him and me to do while he was on his trip.…

    • 435 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Sports Authority is a sporting goods retailer offering footwear, apparel, fitness, team sports and outdoor recreation. Sports Authority is headquartered in Englewood, CO. Originally founded in Lauderdale Lakes, Florida, Sports Authority opened it’s first store in 1987. The company was acquired by Kmart in 1990 and by 1995 The Sports Authority expanded and spun off it’s parent company. Gart Sports merged with Sports Authority in 2003 and by May 2006, all stores operated under the Sports Authority name.…

    • 334 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    The nightmare years and the decade of war are both names people have given to the 1940s with good reason. In the 1940s, it was a time of change and war, but a very successful year for spectator sports, even with all the effects war had on American culture, sports was still a topic that thrived. Since WWII was going on, and Japan had just attacked Pearl Harbor, many expected sports to disappear until the conflicts with other countries were resolved, but the sports industry only got bigger. The 1940s was a time of change and with many men gone to war, women, children, and leftover men had to adjust to the war conditions. One factor that had to be adapted to was the happening of the Pearl Harbor attack in 1941.…

    • 597 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    acceptable; the United States needed to regain international sports supremacy and maintain a suitable level of talented athletes. This concern about America’s global image caused changes to the amateur status and participation rules, created the President’s Commission on Olympic Sports, and established permanent training sites for Winter and Summer Olympic Games. The 1978 passage of the Amateur Sports Act committed the government to full-time investment in worldwide sport and the progression of the American civic and economic systems. Private sector businesses, seeing the potential for brand recognition and advertising profit, became involved in the funding and promotion of American sports as well.…

    • 749 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Polar Sports, Inc. is a fashion skiwear manufacturing business based in Colorado, and produces high quality ski jackets, snow pants, sweaters, thermal soft shells, along with accessories. The Ski apparel design and manufacturing business was highly competitive, causing dollar sales of any product to vary as much as 30% to 40% from year to year meaning it has become increasingly difficult to accurately predict sales. Because of this highly competitive market both design and pricing resulted in short product lives and high rate of company failures. The decision the company faces is to change it manufacturing process from seasonal production to level production. Under seasonal production they greatly expanded their workforce paying large amounts…

    • 839 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Case Study Of Toys R Us

    • 1082 Words
    • 4 Pages

    II. INTRODUCTION A. Description of the Business The mission of Toys R Us is to bring joy into the lives of its customers. Established in Washington D.C in 1948 by Charles Lazarus, a man who dreamed of turning a world full of toys for children into a reality, Toys R Us was originally a baby furniture store. As his business grew Lazarus discovered new ways to satisfy his customers by introducing infant merchandise and toys for toddlers.…

    • 1082 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Toys-R-Us is one of the largest and most well-known toys stores around the world, having more than 1,800 stores worldwide (“Our History”). Which means kids all over the world can get hyped up about wondering around this toy store, begging to spend their parents’ money. The primary competitors would be other toy stores or hobby shops. Build-a-Bear workshop, Disney Toy Stores, HobbyTown USA, and pretty much any other places that specializes in toys and play things for kids. Toys-R-Us secondary competitors are Wal-Mart, Target, and Amazon.…

    • 820 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Vertical Analysis Of Nike

    • 2199 Words
    • 9 Pages

    ncome statement: In order to analysis the financial statement thoughtfully, we apply the horizontal analysis technique to find out the significant change in dollar amount and percentage grow rate. From the income statement vertical analysis below (table 1), we could compare a series of financial statement data over a period of time. Sales revenue increase by around 10% from 2013 to 2014. If excluding the currency change, revenue from NIKE Company’s continuing operations grew 11 % for the fiscal year 2014. From the table 2, it provide the revenue structure of NIKE.…

    • 2199 Words
    • 9 Pages
    Decent Essays