AKRON, Ohio (AP) — An Ohio school that receives funding from basketball star LeBron James' foundation is getting $1 million from the foundation of a sporting goods retailer to build a new...
Casey’s General Stores, Colfax rise; XPO Logistics falls
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday:
Stitch Fix Inc., up $6.80 to $33.78
The online clothing styling service reported earnings and revenue that...
CORAOPOLIS, Pa. (AP) — Dick's Sporting Goods Inc. said on Tuesday that it will stop selling hunting rifles and ammunition at 125 of its stores, replacing the gear with merchandise it believes will...
Yum China and Shoe Carnival jump; Chico’s FAS slips
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:
PulteGroup Inc., down 11 cents to $28.33
The National Association of Realtors said fewer Americans signed contracts to buy homes in July.
Amazon.com Inc., up $65.28 to $1,998.10
Analysts at Morgan Stanley put out a positive report on the giant online retailer.
Dick's Sporting Goods Inc., down 79 cents to $35.60
The sporting goods retailer announced weak quarterly sales.
CORAOPOLIS, Pa. (AP) — Dick's Sporting Goods' fiscal first-quarter performance topped Wall Street's view, bolstered partly by strong online sales. The sporting goods retailer also boosted its full-year earnings outlook.
Shares surged more than 24 percent before the market open on Wednesday.
For the period ended May 5, Dick's Sporting Goods Inc. earned $60.1 million, or 59 cents per share. A year earlier the Coraopolis, Pennsylvania-based company earned $58.2 million, or 52 cents per share.
New Dick’s Sporting Goods facility to expand, add jobs
CONKLIN, N.Y. (AP) — A newly opened Dick's Sporting Goods distribution center in New York's Southern Tier is planning an expansion that will add an internet sales fulfillment center.
Gov. Andrew Cuomo announced Wednesday that the Coraopolis, Pennsylvania-based sporting goods retailer will build a 245,000-square-foot addition on its facility in the Broome County Corporate Park in Conlink, outside Binghamton.
Who sells what: Where some retailers stand on guns
Several major retailers announced changes this week to their gun policies, in response to last month's high school shooting in Florida that left 17 people dead. Here's where some stores that sell firearms stand:
Dick’s Sporting Goods to no longer sell ‘assault-style’ rifles, high-capacity magazines
Dick's Sporting Goods on Wednesday announced that in light of the recent Parkland, Florida, school shooting, it will no longer sell modern sporting rifles at its affiliates and will halt the sale of high-capacity magazines.
The sporting goods retail giant had removed what it called "assault-style" rifles from Dick's stores after the Newtown school shooting in 2012, but will now remove them from sale at its 35 Field Stream stores as well.
Not upset with the upset, sports chain could get Eagles rush
Fly, Dick's Sporting Goods, fly.
The shocking defeat of the New England Patriots by the Philadelphia Eagles could be a windfall for the sporting goods retailer (despite a headquarters squarely placed in Steeler Nation across the state), as closets in eastern Pennsylvania take on an even more greenish hue.
The same sales bump took place after the Chicago Cubs won their first World Series in more than a century.
Target and Kodak rise while Big 5, Acuity tumble
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:
Eastman Kodak Co., up $3.70 to $6.80
The company is teaming with WENN Digital to create its own licensing and cryptocurrency system.
Big 5 Sporting Goods Inc., down $1.23 to $6.63
The sporting goods retailer said warm, dry weather in December hurt its sales.
Urban Outfitters Inc., down $1.37 to $32.37
The apparel retailer and several of its competitors disclosed weak sales over the holidays.
Retail chain sued for selling guns to Texas church shooter
SAN ANTONIO (AP) — Relatives of three people killed in the November shooting rampage inside a Texas church are suing a sporting goods chain that sold two firearms to the gunman.
The lawsuit filed Wednesday seeks $25 million in damages. It alleges that Texas-based Academy Sports & Outdoors was negligent in selling an AR-556 rifle to Devin Patrick Kelley. The weapon was used in the Nov. 5 attack.
Williams-Sonoma and Caesars dip while Ross and Fox jump
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday:
Ross Stores Inc., up $6.56 to $72.25
The discount retailer raised its forecast for the rest of the year.
Foot Locker Inc., up $8.97 to $40.82
The sporting goods retailer said it might surpass its annual profit and sales forecasts.
Twenty-First Century Fox Inc., up $1.83 to $31.15
Cable provider Comcast is in early talks about buying Fox's movie studio and other assets.
TJX and Dick’s Sporting Goods fall; Buffalo Wild Wings soars
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:
TJX Cos., down $2.82 to $67.94
The parent of T.J. Maxx disclosed weak revenue and its profit forecast disappointed Wall Street.
Dick's Sporting Goods Inc., down 73 cents to $25.59
The sporting goods retailer said its earnings per share will fall as much as 20 percent next year.
Advance Auto Parts Inc., up $13.44 to $95.72
The auto parts retailer recovered some of its steep losses after it posted a larger-than-expected profit.
These stories originally appeared on Sunday, June 29, 1980, when Abercrombie & Fitch was a sporting goods retailer, before it became the current mall staple that sells teen apparel. They have been edited for length.
Abercrombie & Fitch, for 85 years the sporting goods store for American and international society, may be THE sporting goods store of the 1980s.
How major US stock market indexes fared Friday
U.S. stocks slumped in the final minutes of trading Friday and ended a rough week with more losses. Bad news from sporting goods retailers weighed on the market.
The S&P 500 retreated 4.46 points, or 0.2 percent, to 2,425.55.
The Dow Jones industrial average declined 76.22 points, or 0.3 percent, to 21,674.51.
The Nasdaq composite sank 5.39 points, or 0.1 percent, to 6,216.53.
The Russell 2000 index of smaller-company stocks slipped 1.15 points, or 0.1 percent, to 1,357.79.
A midday rally fades as sporting goods stocks are penalized
NEW YORK (AP) — U.S. stocks slumped in the final minutes of trading Friday and ended a rough week with more losses. Bad news from sporting goods retailers weighed on the market.
A sports rout on Wall Street
NEW YORK (AP) — Sporting goods retailers can't shake their losing streak.
Shares of stores that mostly sell sneakers and sporting gear plummeted Friday after Foot Locker and smaller rival Hibbett Sports reported a drop in sales in the latest quarter. Both also offered gloomy outlooks for the rest of the year.
NEW YORK (AP) — More bad news for sporting goods retailers: Hibbett, a chain with more than 1,000 stores, said it expects a key sales figure to fall due to a "challenging" retail environment.
Hibbett's stock plummeted more than 33 percent Monday. Shares of its competitors, such as Foot Locker and Dick's Sporting Goods, also fell.
DeKALB – As MC Sports prepares to close all of its remaining stores, including the one in DeKalb, a liquidation sale is underway.
A joint venture between Tiger Capital Group and Great American Group will oversee the going-out-of-business sale, according to a news release.
MC Sports, based in Grand Rapids, Michigan, filed for Chapter 11 bankruptcy protection Tuesday.
Dick's Sporting Goods is coming to the region, bringing more than 185 jobs with the planned opening of a store at Baybrook Mall on Oct. 21.
In addition to its sporting goods retail brand, Dick's owns the Golf Galaxy, Field and Stream, True Runner and Chelsea Collective specialty stores.
The company is establishing a new store concept in the Bay Area that will bring three of its fitness, hunting, fishing and sports retail brands under one roof.
Bass Pro Shops still has to get the green light from federal antitrust regulators before it can close on its purchase of rival Cabela’s, a process that could take well into the spring of next year.
It could result in the closure of some stores, the Sidney, Nebraska-based Cabela’s brand being sold or the deal being blocked entirely.
The proposed buyout, announced Monday, would combine two of the largest outdoor sporting goods retailers, which have competing locations in several markets.
What Sports Authority, Sport Chalet is offering for going-out-of-business sales
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