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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. -
Harnessing the Power of Pop-Up Shops
Pop-up stores are a retail trend that shows no sign of slowing down. The ability to create a brick-and-mortar presence without many of the hassles that come with establishing and maintaining a permanent physical location has become an increasingly attractive option in recent years. The pop-up store concept has transformed into an estimated $50 billion industry — fostering new partnerships, experiential marketing opportunities and a unique way for retail brands to engage with their customers.