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Dick’s Sporting Goods promotes CFO from within

Retail Wire

Dick’s Sporting Goods has named Navdeep Gupta as its chief financial officer, replacing Lee Belitsky, who is remaining with the company to oversee its supply chain and other functions. Mr. Gupta joined Dick’s in 2017 as senior vice president of finance and chief accounting officer.

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Adobe Predicts 8.4% Growth in Online Holiday Sales, Driven by Discounting

Retail TouchPoints

Following the same trend, usage of buy now, pay later (BNPL) financing solutions also are expected to reach record levels this holiday season. billion of the season’s total online spend, up 7% YoY and accounting for 16.9% This effect is expected to be particularly strong in the sporting goods, electronics and appliance categories.

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How Online Retail Can Maximize Google Search In Uncertain Times

Retail TouchPoints

Another behavioral shift has been informational searches rising as people are at home and online, while transactional searches fell due to consumers’ uncertainty over their finances. Stockton leads the Client Success, SEO & Content Services, Account Management, and Data Services teams at Searchmetrics.

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Is Nike the Catalyst for Change: Why Companies are Switching to DTC

Retail TouchPoints

In line with its recent “Consumer Direct Acceleration strategy,” the brand terminated nine wholesale accounts including DICK’S Sporting Goods, Hibbett Sports and Shoe Carnival. The athletic apparel company has made significant changes in its sales funnel in the last year.

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Advertising for Black Friday Will Look Different This Year: What Advertisers Need to Know

Retail TouchPoints

In the past month alone, Walmart, Target, Best Buy and DICK’S Sporting Goods all have announced that they will not be opening their doors on Thanksgiving in an effort to limit the spread of COVID-19.

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Online consumer spending bounces back in June and July, as digital economy sees first year-on-year growth for seventeen months

365 Retail

Online price inflation of essential items slows, as price of non-essentials fall again Data from Adobe Analytics found that online price of goods across all categories in July decreased by 3.2% Sporting goods: Prices were down 10.3% These services account for 15.35% of total monthly online spend, with £1.35

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NRF: Retail sales rebounded in March

Mass Relators

WASHINGTON – Retail sales rebounded with huge gains in March as government checks fattened consumers’ bank accounts and more vaccination against COVID-19 made it easier for shoppers to get out of the house and lead the acceleration of the U.S. Sporting goods stores were up 23.5% The dramatic increase of 17.7%