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Study: In-store shopping makes the grade this back-to-school season
Parents may be using mobile to look for deals this back-to-school season, but most purchases are happening in-store. Sixty-eight percent (68%) of shoppers will make their back-to-school purchases in-store vs. 32% who would prefer to shop only online, according to the “2017 Back-to-School Sales Report,” from ChargeItSpot. -
Dick's Sporting Goods' earnings disappoint in Q2; increasing promotional efforts
Posting less-than-expected earnings in its second quarter, the nation's largest sporting goods retailer plans to take a more promotional stance. Dick's Sporting Goods reported consolidated net income of $112.4 million, or $1.03 per diluted share, for the quarter ended July 29, compared to $91.4 million, or $0.82 per diluted share, in the year-ago period. Excluding certain items, earnings came in at 96 cents, lower than the $1.01 that analysts had expected.

