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Dick’s Sporting Goods runs strong in Q2
Dick’s Sporting Goods on Tuesday hit a home run, posting second quarter results that surpassed analysts’ expectations and lifting its earnings forecast for the year. Dick's reported net income of $91.4 million for the quarter ended July 30, up from $90.8 million in the year-ago period. Net sales increased 7.9% to $1.97 billion. Online penetration for the second quarter was 8.5% of total net sales, compared to 7.3% last year. Same-store sales increased 2.8%. -
How one retailer uses Snapchat
Rent the Runway has launched a Snapchat service to help its customers find the right fit. The company, which rents out brand-name dresses, outfits and accessories, is prompting its followers on Snapchat to send a video, image or text that address concerns around how a certain dress might fit on their body type, Glossy.com reported. But that’s just the beginning.

