Dick’s Sporting Goods, Other Retailers Crack Code Of Driving Up Profits

Dick’s Sporting Goods CEO Lauren Hobart said Wednesday that the company is not only selling more golf clubs and activewear — it has found a formula for driving up profits, even as shoppers buy more online. Hobart’s comments tapped a theme that has come up frequently in recent retail earnings calls: Widening margins. Consumers have been on a spending spree. That has helped. But another gamechanger is that retailers have learned to make e-commerce more profitable, from shipping online orders from stores to steering shoppers toward curbside pickup. Read more at CNBC.

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