by gina cloepfil, ryan fricke, logan malloy. background with his grandmothers $300, dick stack...

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By Gina Cloepfil, Ryan Fricke, Logan Malloy

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Page 1: By Gina Cloepfil, Ryan Fricke, Logan Malloy. Background With his grandmothers $300, Dick Stack opened a modest bait and tackle shop in Binghamton, New

By Gina Cloepfil, Ryan Fricke, Logan Malloy

Page 2: By Gina Cloepfil, Ryan Fricke, Logan Malloy. Background With his grandmothers $300, Dick Stack opened a modest bait and tackle shop in Binghamton, New

Background• With his grandmother’s $300,

Dick Stack opened a modest bait and tackle shop in Binghamton, New York. By 1958, at the urging of his loyal customers, he expanded his product line to include much of what you’ll find at Dick’s Sporting Goods today.

Page 3: By Gina Cloepfil, Ryan Fricke, Logan Malloy. Background With his grandmothers $300, Dick Stack opened a modest bait and tackle shop in Binghamton, New

How ‘bout now?• As of February 2, 2008, the Company

operated 340 Dick's Sporting Goods stores in 36 states primarily throughout the eastern half of the U.S.

• The Company also owns Golf Galaxy, a multi-channel golf specialty retailer, with 79 stores in 29 states.

• Dick’s also runs ecommerce websites and catalog operations and Chick's Sporting Goods which operates 15 specialty sporting goods stores in Southern California.

• Estimated to earn $121 million diluted shares outstanding in 2008.

Page 4: By Gina Cloepfil, Ryan Fricke, Logan Malloy. Background With his grandmothers $300, Dick Stack opened a modest bait and tackle shop in Binghamton, New

In the store…Dick’s offer a deep assortment of sporting goods and apparel for baseball,

football, hunting, golf, fishing and more.The Pro Shop FootwearFitness

Apparel Bikes The Lodge

Page 5: By Gina Cloepfil, Ryan Fricke, Logan Malloy. Background With his grandmothers $300, Dick Stack opened a modest bait and tackle shop in Binghamton, New

Outside the store…

Commercials & Campaigns :

Tailor made, Lance Armstrong,

Fan Friday

Sponsorship: This year through its Community Youth Sports Program, Dick's will donate more than 50,000 coach's equipment kits to youth baseball, football, soccer, basketball, lacrosse and hockey organizations across select markets – reaching over 1,000,000 kids.

Page 6: By Gina Cloepfil, Ryan Fricke, Logan Malloy. Background With his grandmothers $300, Dick Stack opened a modest bait and tackle shop in Binghamton, New

Strengths

• Scorecards reward program

• Customer Service

• Store layout

• Located in malls and free-standing sites.

• Online Shopping

• Bill me Later Program

• Advertising

• Quality Brands

Page 7: By Gina Cloepfil, Ryan Fricke, Logan Malloy. Background With his grandmothers $300, Dick Stack opened a modest bait and tackle shop in Binghamton, New

Weaknesses

• Only in 36 states– Only 1 location in Oregon (Washington Square)

• Non competitive pricing

Page 8: By Gina Cloepfil, Ryan Fricke, Logan Malloy. Background With his grandmothers $300, Dick Stack opened a modest bait and tackle shop in Binghamton, New

Opportunities

• Expansion.

• Start their own in-store brand.

• Olympic advertising and sponsorship.

• Co-branding.

Page 9: By Gina Cloepfil, Ryan Fricke, Logan Malloy. Background With his grandmothers $300, Dick Stack opened a modest bait and tackle shop in Binghamton, New

Threats

• Competition; Big 5, Cabela’s, Sportsman’s Warehouse, Joe’s, Gart Sports, Sports Authority, etc…

Page 10: By Gina Cloepfil, Ryan Fricke, Logan Malloy. Background With his grandmothers $300, Dick Stack opened a modest bait and tackle shop in Binghamton, New

Sources• http://www.dickssportinggoods.com/home/index.jsp

• http://images.google.com/imghp?hl=en&tab=wi

• http://en.wikipedia.org/wiki/Dicks_sporting_goods