Dick's will be out of business within 2 years. "The Sports Authority" did the same exact thing a few years back. Never recovered.
>>
Dick's Sporting Goods shares have already been cut in half this year and things are about to get worse, according to one Wall Street firm.
Cowen lowered its rating on the retailer to market perform from outperform, saying it will suffer as suppliers such as
Nike and
Under Armour increasingly sell directly to consumers online.
"Despite Dick's Sporting Goods remaining the preferred destination when shopping for sporting goods according to the Cowen Consumer Tracker, slowing N. America sales growth rates from key vendors Nike and Under Armour, along with increased emphasis on the brands' own direct-to-consumer platforms will pressure Dick's Sporting Goods SSS [same-store sales] growth and margin profile," analyst John Kernan wrote in a note to clients Thursday. <<
Oopsie. That story's from
last August. I keep forgetting we're on Linear Time Savings Time now.
This thread's a bit like cherrypicking one particular TV sport's ratings and going "see? Viewers are turning NFL off". When we point out that all TV sports have been in ratings decline for years and therefore their cause-and-effect does not exist, they go, "what if I told black people to get out of my store?"
Bizzaro.
But the main point here is, clearly the gummint needs to step in and force
every retailer -- with no exemptions -- to sell to the public instruments designed for an infantry marching against another infantry, yea that the sadists who wish to mow down unarmed children might not be inconvenienced by being forced to go to Dick's competitor, Testosterone World.
It's for the children.