Good news from athletic retailer Foot Locker looks like it’s good news for shoe giant Nike as well. Both companies stocks rallied on Monday (Aug. 10) after Foot Locker reported an 18 percent spike in second-quarter comparable store sales, attributing the gains to pent-up demand...
While in-store sales at sporting goods companies are taking a hit, Hibbett Sports finally took its business online last month after decades of being a brick-and-mortar-only business. But, with sinking stock prices and competition from the likes of Amazon, is it too little too late?...
Online shopping is nothing new, but with heavy promotion and low prices among sporting goods companies, just having an online presence likely isn’t enough to pull out a victory, especially if and when the competition somehow goes into extra innings. But while most merchants are embracing...
