Dick's first store will be 45,000 sf. The retailer has existing units in the North Carolina cities of Cary, Durham, Greensboro, Wilmington. A new store is under construction in Asheville. The chain competes with other category-killers such as Sports Authority which operates a store in Pineville near Dick's new site. Sporting goods retailers are experiencing tough times. Tampa-based JumboSports, for example, liquidated 42 stores, including two last year in the Charlotte area, after struggling with expansion and inventory control problems.
According to a published report, the chain's roots can be traced to founder Dick Stack's grandmother, who gave him $300 in 1948 and told him to follow his dreams. He opened a bait-and-tackle shop in Binghamton, NY, and by 1958 his loyal customers had convinced him to expand his line of products.
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