Tuesday, August 15, 2017

Dick's Sporting Goods stumbles, plans to increase discounts

Dick's Sporting Goods warned Tuesday that sales are expected to fall despite its plans to increase discounts, compounding concerns over brick-and-mortar woes despite the big-box chain's continued expansion.

Sales of hunting goods, licensed products and athletic apparel undermined Dick's during the period, offsetting growth in footwear, golf and online sales.. . . more

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