Fanatics Sports Merch Company Triples Valuation Year Over Year

PYMNTS

With its latest round of funding, sports merchandise company Fanatics Inc. Fanatics operates more than 300 online and brick-and-mortar stores, serving more than 100 million sports enthusiasts worldwide, according to its website.

Sports NFT Marketplace Dibbs Secures $13M In Funding

PYMNTS

Dibbs , which bills itself as “the only real-time fractional sports marketplace,” announced a $13 million Series A funding round on Tuesday (July 27) that included some high-profile athletes among its investors. Investments Dibbs funding News NFT sports Venture Capital What's Hot

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Dick’s Sporting Goods To Continue Opening New Stores

PYMNTS

The transformation of Dick’s Sporting Goods into an experiential, omnichannel retailer is well underway, executives say, as consumer demand for athletic gear and apparel remains high. Retail brick and mortar Dick's Sporting Goods Earnings ecommerce News omnichannel What's Hot

New York Bets On Mobile Sports Wagering

PYMNTS

New York is seeking proposals from sports betting companies interested in setting up mobile operations in the Empire State, The Wall Street Journal reported Wednesday (July 21). According to Lineups , 25 states — including New York — have legalized sports betting since a 2018 U.S.

JD Sports Purchases California-Based Shoe Palace

PYMNTS

the current wholly-owned intermediate holding company of JD Sports Fashion Plc in the U.S., Retail acquisitions Genesis Holdings JD Sports News Nice Kicks Shoe Palace What's HotGenesis Holdings Inc.,

Facebook Wants To Add Pay-Per-View Sports

PYMNTS

The first pay-per-view sporting event happened more than 60 years ago, when boxing fans mailed $2 to the TelePrompTer company to watch Floyd Patterson retake the title. Social Commerce entertainment Facebook media News social commerce Social Media sports What's Hot

Fauci Encourages Return Of Sports, With Caution

PYMNTS

Fauci was asked if he had any concerns that sports leagues are using too many tests while shortages have been reported. I don’t see the dots between sports getting their results back quickly and other groups not as being necessarily connected,” he said.

What Sports Can Teach Us About Company Culture in Business

GrowthForceBlog

5 min read. Do You Have ‘Staff’ or a ‘Team’? Leadership

Gaming The Odds Of The (Post Pandemic) Return Of Sports

PYMNTS

Welcome, then, to the wide world of sports, circa post-pandemic. In an interview with Karen Webster, Gil Fried, professor and chair at the University of New Haven’s sport management program , said that now, more than ever, we need the escapism and joy that sports bring.

Dick’s Sporting Goods Bridges The Bricks And Clicks Retail Divide

PYMNTS

Commerce Connected Connected Economy Dick's Sporting Goods Featured News News pymnts tv Retail video

DraftKings Cuts Deal With Turner Sports, Bleacher Report

PYMNTS

DraftKings , which has been on a deal-making tear, has just inked another big agreement, this one with broadcasting giant Turner Sports, according to a press release. The Boston-based sports fantasy operator said in the release Thursday (Oct.

Wearables Startup Whoop Acquires Sports Tech Firm Push 

PYMNTS

billion, the wearables firm Whoop announced it had acquired Push , a Toronto-based sports technology startup. . The Toronto-based company works with hundreds of sports teams worldwide, as well as Olympic athletes and military teams. Three days after reaching a valuation of $3.6

Coronavirus, Olympics And What’s Next For Sporting Events Worldwide

PYMNTS

Yet, just as often (if not more so), Anbritt Stengele, founder and president of Sports Traveler , told Karen Webster in a recent conversation, the ability to see interesting venues and big events in crystal clarity has the opposite of a depressive effect.

Dick’s Sporting Goods Puts Staffers On Leave Amid COVID-19

PYMNTS

Amid the coronavirus pandemic, Dick’s Sporting Goods is putting many of its approximately 40,000 staffers on leave, but affected team members will keep receiving benefits. Retail Coronavirus COVID-19 Dick's Sporting Goods Editors' Picks Furlough Layoffs News What's Hot

DICK’S Sporting Goods Introduces VRST Clothing Brand

PYMNTS

DICK'S Sporting Goods has rolled out its VRST athletic clothing brand, which is developed for the “modern active man who lives life on the go,” according to a Tuesday (March 16) announcement. Retail apparel brick and mortar Dick's Sporting Goods ecommerce News What's Hot

Dick’s Sporting Goods Stops Selling Guns In More Stores

PYMNTS

Dick’s Sporting Goods said another 440 stores would no longer sell guns this year, as the company moves to purge firearms from its retail stores, reports indicated Tuesday (March 10). The biggest sporting goods retailer in the U.S.,

Academy Sports And Outdoors Reports 16.5 Pct Rise In Comp Sales

PYMNTS

Academy Sports and Outdoors, Inc. In overall results, Academy Sports and Outdoors reported net income of 74 cents per diluted share on net sales of $1.35 Retail Academy Sports and Outdoors brick and mortar Earnings ecommerce News Revenue What's Hot

Dick’s Sporting Goods Opens New Experiential Store In Rochester, NY

PYMNTS

Dick’s Sporting Goods , after performing well amid the pandemic, will be rolling out a new experiential store in Rochester, New York, called Dick’s House of Sports , which will feature an indoor rock-climbing wall, wellness spaces and more, the Detroit Free Press reported.

COVID-19 and the Sports & Entertainment Industry

KROST

Ronique Davis, one of KROST’s Sports & Entertainment Industry experts, recently attended the Entertainment Industry Virtual Conference hosted by CalCPA. Similarly, most industries have been impacted, and the sports and entertainment industry is one that continues to feel that impact. Brand Partnerships & Sponsorships in the Sporting Industry. This decrease is primarily due to the absence of sporting events. However, e-sports sponsorship has seen a 53% increase.

DICK'S Sporting Goods Adds Stores Amid Surge In Home Gyms, Athleisure

PYMNTS

The rise of “sweatpant nation” and other COVID-era lifestyle trends are prompting the country’s largest sporting goods retailer to expand its footprint. 1 from Edward Stack, who had led the company since 1984 after buying two sporting goods shops from his father. “I

Modell’s Sporting Goods In Bankruptcy, Will Shutter All Stores

PYMNTS

Modell’s Sporting Goods has filed for bankruptcy and will shutter all its stores, the company said on Wednesday (March 11). Modell’s sales have traditionally risen and fallen with the fates of New York sports teams. Retail bankruptcy Modell’s Sporting Goods News What's Hot

Boosting Innovation And Mobile Gaming Via Sports

PYMNTS

Sports are big business around the globe, so it comes as no surprise that retail innovation constantly takes place within that industry, and in combination with payments. Mobile order-ahead is in use at sporting and concert venues, where attendees no longer have to wait in long concession lines for their nachos or hot dogs. Sports arenas , concert venues and other locations have seen notable increases in the number of food orders placed through FanFood’s app.

Dick’s Sporting Goods Partners With Instacart For Same-Day Holiday Delivery 

PYMNTS

Dick’s Sporting Goods is teaming up with Instacart for same-day delivery at 150 store locations, Instacart announced in a press release on Friday (Dec. Delivery delivery Dick's Sporting Goods Instacart News partnerships Retail What's Hot

Wilson Sports Announces Evolution Into Apparel And First-Ever Retail Stores 

PYMNTS

After making tennis rackets, golf clubs, baseball gloves and even the official NFL football since World War II, Chicago-based Wilson Sporting Goods is launching a new line of premium sportswear that it said marks its evolution as a household athletic lifestyle brand.

Digital Sports Betting Co DraftKings To Buy Golden Nugget Online Gaming In Deal Worth $1.56B

PYMNTS

Digital sports gaming company DraftKings Inc. As part of the agreement, DraftKings will become the exclusive daily fantasy sports, sports gaming and iGaming arm of the Houston Rockets. Read more: DISH, DraftKings Partner On DVR Fantasy Sports Integration.

Today in Retail: Mastercard Projects Good Tidings for Retailers this Holiday; Amazon Overshadows Sporting Goods Competitors

PYMNTS

In today’s top retail news, Mastercard is predicting retail sales during the holiday shopping season will increase by over 7% year over year, while Amazon remains the leader when it comes to sporting goods, hobby, music and book sales.

DTC Sports Uniform Companies Pivot For The Pandemic???

PYMNTS

School sports uniforms have been brought into the digital age by direct-to-consumer (DTC) companies such as SquadLocker. Now, in the wake of the pandemic, it is waiting for school to restart after what could have been a disastrous turn of events for the sports uniform company.

DISH, DraftKings Partner On DVR Fantasy Sports Integration

PYMNTS

DISH Network is working with DraftKings to make DraftKings' fantasy sports experiences available to DISH customers, according to a press release. CEO and Co-founder Jason Robins said on a company earnings call that he was "very confident" that online sports betting would keep growing.

How Sports Stadiums Are Undergoing Digital Transformations

PYMNTS

But recreational pursuits like live sports have also been given a tech makeover. In the latest version of the Commerce Connected Playbook: Sports And Gaming Edition , PYMNTS examines how the sports world is changing to accommodate a new generation of digital and mobile fans, including the in-person and online sports experiences. In 2018, many teams switched to mobile ticketing, resulting in nearly 80 million mobile sports ticketing users.

March Madness: Next Big Chance For Legal Online Sports Betting

PYMNTS

The NCAA men’s basketball tournament stands as the largest sporting event since the Feb. Supreme Court, which in May 2018 struck down a 1992 law passed by Congress that made it illegal for most states to legalize sports betting within their borders. The decision came down 6-3, representing a victory for several states that would like to tap into sports gambling as a way to generate revenue and bring in tourism. That includes DraftKings , which operates a fantasy sports app.

Popular Millennial Site Bleacher Report Dives Deep Into Sports Betting

PYMNTS

Bleacher Report, a millennial-focused sports website, has been steadily expanding into the sports betting space, attracting a new generation of gamblers who don’t consider sports gambling a bad thing, according to a report by CNBC. About a year ago, the Supreme Court changed the laws on sports betting, and many companies are now integrating odds into their sports coverage. Bleacher Report said its sports betting category has shown massive growth for the company.

Online Sports Gambling Makes Bet On Faster Payments

PYMNTS

Few things feel better than the rush of a winning streak — money bet on a football or baseball team, or a sporting event, that turns into a pile of dough after a victory or beating the spread. That’s where reloadable cards and instant access to funds come in — especially as the worlds of payments and commerce move further toward the goal of frictionless transactions and sports betting in the U.S.

Expect Another Year Before Sports, Entertainment Venues Reopen

PYMNTS

CNBC reported health experts and government officials say sports events probably won’t happen until next year at the earliest. On what might need to open for sports to commence, PYMNTS reported stadium games will not be the same for some time.

Today In Retail: DICK’S Sporting Goods Unveils Athletic Brand; Flowspace Lands $31 Million Investment

PYMNTS

In today’s top retail news, DICK’S Sporting Goods has launched its VRST athletic apparel brand, while Flowspace has raised $31 million in new funding. DICK’S Sporting Goods Introduces VRST Clothing Brand.

Dick's Sporting Goods To Offer Black Friday Deals Over 10 Days

PYMNTS

Dick’s Sporting Goods will provide its Black Friday promotions over 10 days instead of only one day, to aid in ensuring a safe shopping experience during the holiday season, according to an announcement.

Sports Apparel Retailer Rally House Grows Brick-And-Mortar Footprint

PYMNTS

Sporting apparel retailer Rally House is growing its brick-and-mortar presence by opening its first stores in Oklahoma and Indiana, according to announcements from the company. Indiana has sports in the DNA with so many teams and events hosted here annually," Liebert said in an announcement.

Today In Connected Economy: Amazon Launches Retail Stores; Catapult Unveils Sports Fitness Tracker

PYMNTS

Sports performance analytics company Catapult on Wednesday (Aug. The wearable technology was developed by the same team responsible for delivering performance metrics to more than 3,200 sports teams globally, including EPL, NFL and NCAA, Catapult said in a press release.

Sports Gambling Sites Run Into Technical Issues During Super Bowl

PYMNTS

Sports betting apps like FanDuel , DraftKings , Penn National Gaming app and BetMGM experienced technical issues right before the Super Bowl on Sunday (Feb. Technical issues were most abundant in Michigan where sports betting was legalized in January.

DraftKings Hopes To Score On April IPO Despite Live Sports Desert

PYMNTS

Sports betting site DraftKings is only issuing credits while events are canceled during the pandemic, but that hasn’t stopped it from plans to go public this month. Robins said he looks forward to opening even more offices and continuing to create an engaging experience for sports fans.

Walmart Inks Deal With Sports Merchandise Maker Fanatics

PYMNTS

29) that it has inked a long-term partnership with Fanatics, the sports fan brand that makes team and player merchandise and operates NFLShop.com, NBAStore.com and MLBShop.com. In a blog post , Eric O’Toole, general manager of sports and fitness for Walmart U.S. 29), Fan Shop by Fanatics will offer hundreds of thousands of items from professional sports leagues, including NFL, NBA, MLB, NASCAR and MLS, and top brands, including Nike, New Era, Majestic and Fanatics.

Online Sports Betting Gets A Super Bowl Workout

PYMNTS

5), details emerged about the success and failure of the new online sports betting regime in the U.S. Now the next major test for sports betting is about to unfold. sports betting event of the year, and the first big test of legalized online sports gambling in the wake of last year’s Supreme Court decision that overruled previous prohibition — a ruling that allowed states besides Nevada to allow such wagering operations.

Today In Retail: SIGNA Sports United To Go Public Via SPAC; Signet Jewelers Revenue Almost Doubles

PYMNTS

In today’s top retail news, SIGNA Sports United (SSU) struck a deal to go public by combining with a blank-check company, while Signet Jewelers reported that its revenue nearly doubled from last year. SIGNA Sports United to Go Public by Merging With SPAC.

Can Sports And Entertainment Really Spark Mall Revivals?

PYMNTS

Retail Allied Esports American Dream Closings Editors' Picks entertainment malls mega mall News physical retail simon property group sports VacancyLong live physical retail.