Dick's Sporting Goods

Pittsburgh -- Dick’s Sporting Goods on Tuesday announced grand openings for three new stores.

The company will hold opening celebrations June 6 through June 8 for the following locations: Lawrence, Kansas; Culpepper, Virginia; Arden, North Carolina.

With the openings, Dick’s will operate 570 stores nationwide.

Dick’s Sporting Goods reported healthy net income and increased e-commerce penetration in the first quarter despite experiencing significant challenges in the golf and hunting categories.

Net income increased 8% to $69.98 million from $64.82 million. Net sales increased 8% to $1.44 billion from $1.33 billion while sames store sales at Dick's store increase 2.3% but declined 10.4% and Golf Galaxy locations. The company anticipates an increase of 1.3% in same-store sales for both the second quarter and full fiscal year.

Pittsburgh – Dick’s Sporting Goods Inc. reported healthy net income and sales growth during the first quarter of fiscal 2014, compared to the same period a year earlier. Net income rose 8% to $69.98 million from $64.82 million, while net sales increased 8% to $1.44 billion from $1.33 billion.

Ottawa, Canada - Amazon.com was the predominant low-price leader in several product categories from January through early April 2014. 360pi compared the pricing strategies of the industry’s top retailers, such as Amazon, Walmart, Home Depot, Costco and others, all based off of Amazon’s own product assortment relative to other retailers in power drills, televisions and outdoor gear.

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.