DICK'S Sporting Goods Announces Plans for 200+ SidelineSwap Trade-In Events in First Half of 2023

Rhea-AI Summary

DICK'S Sporting Goods (NYSE: DKS) expands its partnership with SidelineSwap to host 200 trade-in events across 19 states in the first half of 2023. Building on the success of 60 events in 2022, the initiative allows athletes to trade in used sports gear for gift cards, with options to donate a portion to local sports organizations. Participants averaged $88 in value at previous events. The trade-in events aim to support the growing resale market, where U.S. households have $580 billion in unused items, including $20 billion in sports gear. For event details, visit dickssportinggoods.com.

Positive

• Expansion to 200 trade-in events in 19 states enhances customer engagement.
• Participants received an average of $88 for used gear, promoting customer loyalty.
• Increased focus on sustainability through responsible recycling and donations.

Negative

• None.

PITTSBURGH, PA / ACCESSWIRE / February 16, 2023 / DICK'S Sporting Goods (NYSE:DKS) and SidelineSwap, the world's largest online marketplace for new and used sporting goods, are building on the success of the 60 trade-in events they executed in 2022, and are expanding their partnership to offer a series of 200 trade-in events in nineteen states through the first half of 2023.

At these trade-in events, DICK'S athletes can exchange their used sports gear and receive DICK'S gift cards to use towards their next purchase. Athletes also have the option to donate all or a portion of their trade-in value to select local sports organizations. Items that do not qualify for trade-in can be donated or recycled responsibly.

DICK'S athletes who attended the trade-in events in 2022 received $88, on average, for their used gear and nearly all customers surveyed said they would be interested in reselling their used sports gear at least once per year.

Trade-in events in 2023 will be held at DICK'S locations in Pennsylvania, California, New York, New Jersey, Delaware, Maryland, Virginia, Massachusetts, New Hampshire, Rhode Island, Connecticut, Illinois, Michigan, Wisconsin, Kentucky, Ohio, West Virginia, Georgia, and Tennessee. More detail on store locations and dates for upcoming events can be found on: https://www.dickssportinggoods.com/s/dicks-trade-in-by-sideline.

According to Brendan Candon, CEO of SidelineSwap, "Last year's trade-in events with DICK'S clearly showed that DICK'S athletes loved the convenience of trade-in events, and enjoyed being able to easily turn their used sports & outdoors gear into credit to spend at DICK'S."

"With the start of the spring sports season approaching, this is a great time for families to take stock of what they have and what they need," said Peter Land, Chief Sustainability and Communications Officer at DICK'S Sporting Goods. "SidelineSwap is a terrific partner that's supportive of our efforts to make an impact in the re-commerce space."

DICK'S Sporting Goods athletes who attend trade-in events at select DICK'S locations can simply bring their used gear to the event and it will be evaluated by SidelineSwap buying experts using SidelineSwap's proprietary trade-in software and value guide.

To date, SidelineSwap has helped millions of athletes trade-in and resell their used gear and is part of the larger global resale movement. U.S. households are sitting on 23.6 billion unused items worth $580 billion, and used sports gear accounts for approximately $20 billion of these unused items.

About SidelineSwap:
SidelineSwap - the world's largest online marketplace for sporting goods - makes it easy for athletes, fans and sports families to safely buy and sell their gear. Founded in 2015, SidelineSwap has enabled athletes to earn more than $100,000,000 to date by reselling the extra gear they have at home. Buyers can expect to find great value on a wide range of inventory across all sports, and sellers can quickly & easily turn their used sporting goods into cash or shopping credit. SidelineSwap was one of the fastest growing marketplaces on Andreessen Horowitz's A16z Top 100 marketplace list for 2020, and is the resale partner of choice for leading sports & outdoor brands.

CONTACTS: Doug Smith, SidelineSwap, doug@sidelineswap.com

About DICK'S Sporting Goods:
DICK'S Sporting Goods (NYSE: DKS) creates confidence and excitement by personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, the leading omnichannel retailer serves athletes and outdoor enthusiasts in more than 850 DICK'S Sporting Goods, Golf Galaxy, Field & Stream, Public Lands, Going Going Gone! and Warehouse Sale stores, online, and through the DICK'S mobile app. DICK'S also owns and operates DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile app for scheduling, communications, live scorekeeping and video streaming.

Driven by its belief that sports make people better, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving, sustainability efforts and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Facebook, Twitter and Instagram.

CONTACTS: Amanda Bonzo, DICK'S Sporting Goods, amanda.bonzo@dcsg.com

View additional multimedia and more ESG storytelling from DICK'S Sporting Goods on 3blmedia.com.

Contact Info:
Spokesperson: DICK'S Sporting Goods
Website: https://www.3blmedia.com/profiles/dicks-sporting-goods
Email: info@3blmedia.com

SOURCE: DICK'S Sporting Goods

View source version on accesswire.com:
https://www.accesswire.com/739668/DICKS-Sporting-Goods-Announces-Plans-for-200-SidelineSwap-Trade-In-Events-in-First-Half-of-2023

FAQ

What is the purpose of DICK'S Sporting Goods' trade-in events?

The trade-in events allow customers to exchange used sports gear for gift cards and support local sports organizations through donations.

How many trade-in events is DICK'S hosting in 2023?

DICK'S is hosting 200 trade-in events across 19 states in the first half of 2023.

What average value did participants receive in past trade-in events?

Participants in the 2022 trade-in events received an average of $88 for their used sports gear.

What states will host DICK'S trade-in events?

The trade-in events will take place in states including Pennsylvania, California, New York, and Virginia, among others.

Why is the trade-in event significant for DICK'S Sporting Goods?

The event enhances customer loyalty, aligns with sustainability efforts, and taps into the growing resale market.