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5G in Retail: Creating the WOW factor

Retail TouchPoints

Dick’s Sporting Goods , one of the largest sporting goods retailers, recently unveiled its House of Sports store with a running track, rock wall, batting cages and outdoor turf field. Rivian , the all-electric pickup truck maker, recently launched its first retail hub with a lounge, garden, and library.

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POST COVID-19 Outlook on Sporting Goods Industry & Market Trends: The Good, The Bad and The Greatest Opportunities Ahead

RETAIL MANAGEMENT SOFTWARE

Over the next five years towards 2025 , according to IBISWorld’s analysts’ early forecasts the sports participation was expected to spur the pent-up demand for Sporting Goods and supplies. First what do we know about the sporting goods industry and who are the main players? Industry Definition and Categories.

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6 Trends Driving Store Design Innovation in 2024

Retail TouchPoints

As omnichannel capabilities become table stakes, brands and retailers will think more holistically and intentionally about how technology can support operational efficiency as well as immersive product interaction and brand engagement. For instance, it is much easier for operations to establish and reach success in one facet of the store.

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How To Start a Thrift Store Business in 2022- The Ultimate Guide

Korona

The most popular niches in the thrift store industry are used clothing retail, used books, used furniture, used appliances, used merchandise, used sporting goods, etc. . From a financial standpoint, your business will operate on a calendar year (January-December) or a fiscal year, a 12-month period that can begin any month.

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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

Dick’s Sporting Goods also attributed part of the brand’s 23% profit drop in the second fiscal quarter of 2023 to theft ( CNBC ). In recent months, The Home Depot, Foot Locker, Target and other retail giants have suggested that shoplifting is cutting significantly into their respective profits.

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Franchise Marketing Strategies: 8 Franchise Marketing Best Practices

Korona

The fact that franchises operate in the way that they do is part of what makes it an exciting business. For instance, a sporting goods store would want to be a top search result for the term, “new tennis equipment.” To learn more about what makes a great franchise point of sale, sign up for a free trial below.

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Three Design Tips for Fighting Shrink

Retail TouchPoints

Along the same lines, Dick’s Sporting Goods pointed to retail theft as the cause of its approximately 23% decline in profitability during the second quarter. That followed the retailer’s earlier announcement that its profits could take a $500 million hit from shrink this year alone.