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Stock impact report

170-year-old sporting goods chain shutters half its stores [Yahoo! Finance]

lululemon athletica inc. (LULU) 
Last lululemon athletica inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lululemon.com
Company Research Source: Yahoo! Finance
The chain has succeeded by leaning into experiences, creating new store formats, and being selective about new locations. "The strong numbers have been delivered in the same challenging market, facing all retail players. The difference is that Dick's has a very clear strategy that is allowing it to circumvent some difficulties and to take market share from other struggling players,” GlobalData Managing Director Neil Saunders told Retail Dive Dick's has succeeded in a market that has been brutal to its rivals, with numerous chains, including Modell's, Bob's Stores, and Eastern Mountain Sports, closing entirely. Now, another major player in the space, Orvis, which was founded in 1856, has already begun the process of closing over half its stores. Orvis has been shrinking since 2024. It cut 8% of its corporate workforce in October 2024, followed by shutting down its catalogue business. Beginning in late 2025, the chain started the process of shutting down more than half of its Show less Read more
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