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Dive brief:
- Dick’s Sporting Goods will begin construction on an 800,000-square-foot regional distribution center in Fort Worth, Texas, this fall, according to an Aug. 13 news release.
- The retailer expects the facility to open in early 2026 and create more than 300 jobs over the next decade. The new center is expected to be the third largest in the Dick’s chain, according to a securities filing.
- The distribution center adds to the company’s current network of five facilities in Georgia, New York, Arizona, Indiana and Pennsylvania.
Diving knowledge:
Dick’s plans to use the new distribution center to support its Texas operations and distribute products to more than 100 stores in multiple states, especially as it continues to emphasize omnichannel capabilities.
“This facility will support the rapid growth of our business, including in the state of Texas, and allow for a more efficient and effective flow of product to athletes, whether you shop in-store or online,” Sean Whitehouse, Vice President of the Dick’s supply chain. he said in the statement.
The retailer has reported rising net sales in recent quarters, including a 6.2% year-over-year increase in Q1 2024. Backed by strong performance, in its Q4 2023 earnings call , the company noted its plans to increase capital investments to open new stores, upgrade existing locations and improve its supply chain.
After announcing its largest square footage expansion since 2017 earlier this year, the retailer opened two of its experimental House of Sport stores and two next-generation 50K locations in the first quarter. This year it plans to open six more House of Sport stores and 14 additional next-generation locations.
“This two-stroke from House of Sport and our next generation 50K format combined with the elevated omnichannel The experience our teammates are bringing to life across our entire portfolio is the future of Dick’s,” said President and CEO Lauren Hobart on a first-quarter earnings call.
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