Dick’s Sporting Goods
 |
|
A Dick's Sporting Goods location in Manchester, Connecticut
|
|
| Public | |
| Traded as | : DKS S&P 400 Component |
| Industry | Retail |
| Founded | 1948 Binghamton, New York, United States |
| Founder | Richard Stack |
| Headquarters | Coraopolis, Pennsylvania, United States |
|
Number of locations
|
610 (March 2015) |
|
Area served
|
United States |
|
Key people
|
Edward W. Stack (Chairman, CEO) |
| Products | Sporting goods Athletic apparel Outerwear Sportswear Athletic shoes Casual footwear Boots Fitness equipment Bicycles Outdoor equipment |
| Revenue |
 US$6.21 Billion (FY 2013) |
|
US$536.81 Million (FY 2013) |
|
|
US$337.6 Million (FY 2013) |
|
| Total assets |
US$3.071 Billion (FY 2013) |
| Total equity |
US$1.692 Billion (FY 2013) |
|
Number of employees
|
37,600 (July 2015) |
| Subsidiaries | Affinity Sports Blue Sombrero Field & Stream Galyan's (acquired in 2004) Golf Galaxy Golfsmith (bankrupt in 2017) Golfworks Oshman's Sporting Goods Sports Authority (bankrupt in 2016) True Runner |
| Website | www |
Dick's Sporting Goods, Inc., sometimes shortened to Dick's, is a Fortune 500 American sporting goods retailing corporation headquartered in Coraopolis, Pennsylvania in Greater Pittsburgh.
Dick's has 610 stores in 47 states (no stores in Alaska, Hawaii, and Montana as of mid-March 2016[update]), primarily in the Eastern United States. The company also owns Golf Galaxy, Inc., a golf specialty retailer, with 82 stores in 30 states. The company also operates specialty chains True Runner and Field & Stream.
Founded in 1948 by Richard "Dick" Stack, the chain has expanded to become one of the largest sporting goods retailers in the world.
In 1948, at the age of 18, Dick Stack worked at an Army/Navy store in his hometown of Binghamton, New York, after World War II. At the owner’s request, "Dick" explored the idea of expanding the product line to include fishing and camping supplies, but the owner rejected Dick's suggestions, stating that Dick “would never make a good merchant.”
When Dick recounted his story later that day, his grandmother advised, “Dick, always follow your dreams,” and gave him $300 from her savings. He rented a storefront and opened the first Dick's as a small "bait & tackle" fishing supply store, on Court Street near Howard Avenue.
In the mid-1950s, the store expanded into the market of general sports merchandise and by the early 1960s, he was able to build and open a new store on the corner of Oliver and Court St., naming it "Dick's Sporting Goods". The store prospered, and Dick eventually opened a second store in Vestal, New York. In the 1970s, the Binghamton store moved next door to an even larger facility. Dick Stack headed the organization until his retirement in 1984.
Dick Stack's son, Edward "Eddie" Stack, succeeded him in the leadership of the company, expanding the two-store business rapidly. Edward W. Stack has served as chairman and chief executive officer of Dick's Sporting Goods since 1984, having started with the company full-time in 1977, and gradually working his way up in a variety of positions, including store clerk, merchandise manager, store manager and president.
...
Wikipedia