Dick's Sporting Goods

As part of Rite Aid’s information technology strategy, the company has named Matt Lynch, an information technology executive with nearly 30 years’ experience, as SVP and chief information officer.

Dick’s Sporting Goods monitors social commentary to boost customer satisfaction

If you really want to know what people think about you, you need to find out what they say behind your back. Historically this has been a tricky proposition, but the advent of social media provides an open forum where companies as well as individuals can check to see what is being said, and whether the commentary is good or bad.

Chattanooga, Tenn. — The Cheesecake Factory and H&M will open at Fayette Mall in Lexington, Ky., as part of a redevelopment by owner CBL & Associates Properties.

The redevelopment will renovate a former Sears store and expand the mall entrance to create 115,000 sq. ft. of new retail space for a mix of fashion and home furnishing stores and restaurants. Construction has begun, and CBL expects the work to be completed this fall.

Pittsburgh — Dick’s Sporting Goods has announced the opening of two new stores, one in Wauwatosa, Wis., and the other in Daly City, Calif.

The Wauwatosa location will be Dick’s 8th store in Wisconsin and its 562nd nationwide. The Daly City location will be the 33rd California store and its 563rd in the U.S.

New York -- Dick’s Sporting Goods reported consolidated net income of $138.6 million, for the 13-week period ended Feb. 1. Results also exceeded the company’s performance in last year’s fourth quarter, which had an additional week. For the 14-week period ended Feb. 2, 2013, the company reported consolidated net income of $129.7 million.

Inclement weather has hurt some retailers’ quarterly sales results, but it has been no match for Dick’s Sporting Goods. The company’s fourth-quarter results exceeded the upper end of guidance range it provided in its third quarter press release.

Mars Advertising has made changes to its team of shopper marketing experts in an effort to capitalize on a year during which the company expanded its portfolio of high profile clients and reported “solid” growth.