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Dick’s Sporting Goods Same-Store Sales Dropped Nearly 30% in Q1

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Dick’s Sporting Goods saw sales plummet by more than 30 percent in a first quarter derailed by coronavirus store closures, though e-commerce and curbside pickup helped to lessen the blow. In a Nutshell: Dick’s ended the first quarter with approximately $1.5 billion in cash and cash equivalents. The company added $255 million to its borrowing…

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