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Omnichannel vision driving Walmart’s small format growth
Walmart will be opening more small stores next year and beyond as the company pursues a vision of omnichannel retailing that it contends no other company is capable of executing.
Walmart U.S. president and CEO Bill Simon on Tuesday morning shared a message of physical and digital convergence involving an acceleration of smaller format stores and continued advancement of the retailer’s digital capabilities. He suggested multiple times during his presentation that the company has reached an inflection point in terms of building a next generation retail enterprise.
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Dick’s Sporting Goods to open second Field & Stream location
Pittsburgh – Dick’s Sporting Good will open its second Field & Stream specialty store in November, in Crescent Springs, Ky. Earlier this week, Dick’s said it plans to grow Field & Stream to approximately 55 locations and $750 million in sales by the end of fiscal 2017.
In addition to outdoor merchandise, the Field & Stream store will provide professional services for archery equipment, fishing gear, and firearms, among other goods.