September 10, 2012
Dick's Sporting Goods dates back to 1948 when Richard Stack (father of current CEO Edward Stack) opened a bait-and-tackle store in Binghamton, N.Y. When Edward took over as CEO in 1984, only two stores were in existence. Today Pittsburgh-based Dick's is the largest sporting goods retailer in the country, with 474 namesake stores in 42 states and 81 Golf Galaxy stores in 30 states. Dick's still has abundant top-line growth opportunity with plans for 400 more stores over the next several years to build out its presence on the West Coast. Dick's has succeeded where other big-box sporting goods efforts have failed by catering to serious enthusiasts who want a big selection and an engaging in-store experience. Each Dick's location fea-tures stores within the store, such as the Golf Shop, the Lodge and Perfect Season, which highlight whatever sport is then in season.
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