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0 0.000664168129417974 -0.00049812609706338 0.000450685516390715 0.00275155367901709 0.00170786090421753 0.00104369277479956 -0.00336828122776213
Stock impact report

70-year-old sporting goods chain quietly closing stores [Yahoo! Finance]

Dick's Sporting Goods Inc (DKS) 
Last dick's sporting goods inc earnings: 3/10 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.dicks.com
Company Research Source: Yahoo! Finance
At the time, analysts noted that the space has always been competitive. "The pressure in the sporting goods business is no different than it always has been," Joseph Feldman, an analyst at Telsey Advisory Group, who added that competition from online retailers is particularly intense, told CBS News In the years since then, major regional players, including Modell's, Bob's Stores, and Olympia Sports, among others, have closed their doors. Analysts still see opportunity in the space, but acknowledge its challenges. “While the year ahead will be marked by uncertainty, it will also offer opportunities,” Alexander Thiel, a partner at McKinsey, said in a statement to Retail Dive “As the global population continues to expand, and more people adopt healthier and more active lifestyles, brands, retailers, and manufacturers have chances to grow," he added. "But this potential should be contrasted with continuing political and economic unpredictability, which is playing out in almost Show less Read more
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