Dick’s Sporting Goods plans to open about 25 stores this year and the same number next year. But the retailer could increase the number of openings if developers start building shopping centres again, chief executive Ed Stack said.
Speaking after Dick’s Sporting Goods annual shareholders meeting, Stack said he was comfortable with the retailer’s growth plans, which are slower than before the recession.
Stack reiterated Dick’s Sporting Goods long-term plans to open about 800 stores in the US. The nation’s largest sporting goods retailer operates 424 Dick’s Sporting Goods locations in 41 states, and 91 Golf Galaxy stores in 31 states.