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Dick’s Sporting Goods Exec Talks New Strategies on Day 2 of IRDC 2021

VMS

DENVER — A spectrum of retail industry professionals gathered at the Sheraton Denver Downtown Hotel for the second day of VMSD magazine’s International Retail Design Conference, which featured a conversation with Toni Roeller, SVP of In-Store Environment at Dick’s Sporting Goods (Coraopolis, PA).

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Dick’s to Open 16 Next-Gen ‘50K’ Stores, Expand House of Sport Format in 2024

Retail TouchPoints

Dick’s Sporting Goods posted strong results in fiscal 2023, which ended Feb. For the coming fiscal year, the retailer is planning $800 million in CapEx expenditures to fund a major brick-and-mortar expansion that will enlarge its total store square footage by 2% — its largest physical expansion since 2017.

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Walmart to Create Its Own Cryptocurrency

VMS

is planning to create its own cryptocurrency and non-fungible tokens (NFTs) per its filings with the U.S. The trademarks were for virtual goods including electronics, décor, toys, sporting goods and personal care products. Walmart (Bentonville, Ark.) Patent and Trademark Office, reports Fortune.

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Walmart Eyes Metaverse, Cryptocurrency

VMS

is planning to create its own cryptocurrency and non-fungible tokens (NFTs) per its filings with the U.S. The trademarks were for virtual goods including electronics, décor, toys, sporting goods and personal care products. Walmart (Bentonville, Ark.) Patent and Trademark Office, reports Fortune.

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Lids Picks Basketball Theme for First Brick-and-Mortar Store in Australia

Retail TouchPoints

The retailer is planning to open a second Australia location with a brick-and-mortar store in Sydney later in 2022. Offering official sports memorabilia and promoting connections to popular streetwear styles, Lids is tapping into the global allure of North American sporting teams — particularly those within the NBA.

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6 Trends Driving Store Design Innovation in 2024

Retail TouchPoints

Then the next step is to go beyond that to say you also plan on empowering consumers to be able to live those promises as well, whether that’s inclusivity, sustainability or giving back to the community. I think a lot of the time people are looking for brands and retailers to just stand behind something.

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Three Design Tips for Fighting Shrink

Retail TouchPoints

This past September, Target issued a news release about its plans to close nine stores in New York City, the Bay area and the Pacific Northwest “because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance.” Be tough — but preserve the customer experience.