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Diving certificate:
- Dick’s Sporting Goods will begin construction on a 74,000-square-foot regional distribution center in Fort Worth, Texas this fall, according to an August 13 press release.
- The retailer expects the facility to open in early 2026 and create more than 300 jobs over the next decade. The new center will be the third largest in Dick’s network, according to a securities filing.
- The distribution center complements the company’s current network of five offices in Georgia, New York, Arizona, Indiana and Pennsylvania.
Diving insight:
Dick’s plans to use the new distribution center to support its Texas operations and distribute products to over 100 stores in multiple states, especially as the company continues to emphasize omnichannel capabilities.
“This facility will support the rapid growth of our company, including in the state of Texas, and enable a more efficient and effective flow of goods to athletes, whether they shop in-store or online,” Sean Whitehouse, SVP of supply chain at Dick’s, said in the press release.
The retailer has reported increasing net sales in recent quarters, including a 6.2% year-over-year increase in the first quarter of 2024. Bolstered by the strong performance, the company signaled in its fourth-quarter 2023 earnings call its plans to increase capital investments to open new stores, modernize existing locations and improve its supply chain.
After announcing its largest space expansion since 2017 earlier this year, the retailer opened two of its House of Sport experience stores and two next-generation 50K locations in the first quarter, with six more House of Sport stores and 14 additional next-generation locations planned this year.
“This one-two punch of House of Sport and our next-generation 50K format combined with the increased Omni-channel “The experiences our teammates bring to life across our portfolio are the future of Dick’s,” President and CEO Lauren Hobart said on a first-quarter earnings call.
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