Dick’s Sporting Goods opens three stores
Pittsburgh – Dick’s Sporting Goods is opening three new stores. The stores are located at the Lakeshore Mall in Gainesville, Ga., the Epps Bridge Center in Athens, Ga., and a remodeled store in Leawood, Kan.
The newly enhanced 102,000-square-foot-store in Leawood will include additional specialized services and hands-on customer experiences throughout the bike, lodge and golf departments, including a golf simulator, a club fitting center, putting green, an archery lane with an on-site bow technician, and bike safety inspections, custom fittings, tune-ups and assembly. The new stores in Georgia will feature more than 40 in-store services performed by certified pros in golf, bike, hunting, fishing, team sports and more. Dick’s now has 534 stores nationwide.
"We look forward to opening our new Dick’s Sporting Goods in Gainesville and becoming part of the community," said Lauren Hobart, senior VP and chief marketing officer, Dick’s Sporting Goods. "We want to serve athletes of all ages in Gainesville by providing the equipment they need to help them excel."
Report: KKR withdraws from Jones Group bidding
New York – Private equity firm KKR & Co. LP has reportedly dropped out of the auction for Jones Group Inc. According to Reuters, KKR, in partnership with private equity group Sycamore Partners LLP, was the only entity trying to buy the entire Jones Group company.
Bidding continues on parts of Jones Group and the company is soliciting new bids. It is not clear whether Sycamore Group will continue to bid on part or all of Jones Group and KKR, Sycamore Group and Jones Group did not comment in the article.
TiVo and dunnhumbyUSA offer richer insights
Consumer packaged goods companies are poised to gain a more robust offering of shopper insights from an expanded relationship between TiVo Research and Analytics and DunnhumbyUSA.
The two firms agreed to expand an existing relationship that combines TiVo’s set-top-box viewing data from 4.4 million households with dunnhumby’s grocery purchase information from 60 million households. The new exclusive arrangement is said to better serve CPG advertisers with co-operative ROI analytics delivery and the inclusion of over 90 additional CPG categories and dunnhumbyUSA’s shopper segments, including Hispanic shoppers, into TiVo’s advertising optimization platform known as Media TRAnalytics.
"Our legacy partnership with dunnhumbyUSA created an unmatched solution for naturally occurring, single-source TV viewing and grocery purchase data,” said Bob Meyers, president and COO of TiVo Research and Analytics (TRA). Now, by virtue of our strengthened alliance, we are able to offer our customers additional product categories and insightful price sensitivity and shopper lifestyle segments, such as ‘Splurge and Save,’ ‘Grab and Go’ and ‘Watching The Waistline’."
According to Stuart Aitken, CEO of dunnhumbyUSA, the expanded relationship with TRA is consistent with the company’s philosophy of putting the customer at the center of every decision.
“Together we enable our customers to make informed TV media buys that help drive sales and improve ROI,” Aiken said. “Today’s announcement with TRA symbolizes a continued confidence in our solution and is the result of a growing demand from the marketplace.”