STOCK TITAN

DICK'S Sporting Goods expands supply chain network with new distribution center in Fort Worth, Texas

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

DICK'S Sporting Goods (NYSE: DKS) has announced plans to construct an 800,000-square-foot regional distribution center in Fort Worth, Texas. This next-generation facility, set to open in early 2026, will be the company's sixth distribution center and is expected to create 300 new full-time jobs over the next 10 years. The center will support DICK'S business in Texas and provide distribution capabilities to more than 100 stores across several states.

The facility will be located on an 89.5-acre site within the Risinger/35 Logistics Park, developed by Hillwood. DICK'S plans to implement sustainability initiatives in the new center, including high-efficiency lighting and HVAC, recycled construction materials, and recycling programs. Construction is scheduled to begin in early fall, with the building phase expected to produce over 800 temporary construction jobs.

DICK'S Sporting Goods (NYSE: DKS) ha annunciato piani per costruire un centro di distribuzione regionale di 800.000 piedi quadrati a Fort Worth, Texas. Questa struttura di nuova generazione, prevista per apertura in inizio 2026, sarà il sesto centro di distribuzione dell'azienda e si prevede che creerà 300 nuovi posti di lavoro a tempo pieno nei prossimi 10 anni. Il centro supporterà l'attività di DICK'S in Texas e fornirà capacità di distribuzione a più di 100 negozi in diversi stati.

La struttura sarà situata su un sito di 89,5 acri all'interno del Risinger/35 Logistics Park, sviluppato da Hillwood. DICK'S prevede di implementare iniziative di sostenibilità nel nuovo centro, comprese illuminazione ad alta efficienza energetica, HVAC, materiali da costruzione riciclati e programmi di riciclo. La costruzione dovrebbe iniziare all'inizio dell'autunno, con la fase di costruzione che si prevede produca oltre 800 posti di lavoro temporanei nel settore delle costruzioni.

DICK'S Sporting Goods (NYSE: DKS) ha anunciado planes para construir un centro de distribución regional de 800,000 pies cuadrados en Fort Worth, Texas. Esta instalación de última generación, que se abrirá en principios de 2026, será el sexto centro de distribución de la compañía y se espera que genere 300 nuevos empleos a tiempo completo en los próximos 10 años. El centro apoyará el negocio de DICK'S en Texas y proporcionará capacidades de distribución a más de 100 tiendas en varios estados.

La instalación estará ubicada en un terreno de 89.5 acres dentro del Risinger/35 Logistics Park, desarrollado por Hillwood. DICK'S planea implementar iniciativas de sostenibilidad en el nuevo centro, incluyendo iluminación de alta eficiencia, HVAC, materiales de construcción reciclados y programas de reciclaje. La construcción está programada para comenzar a principios de otoño, con la fase de construcción que se espera produzca más de 800 empleos temporales en la construcción.

DICK'S Sporting Goods (NYSE: DKS)는 텍사스 포트워스에 80만 평방 피트 규모의 지역 유통 센터를 건설할 계획을 발표했습니다. 이 차세대 시설은 2026년 초에 개장할 예정이며, 회사의 여섯 번째 유통 센터가 될 것입니다. 향후 10년 동안 300개의 정규직 일자리를 창출할 것으로 예상됩니다. 이 센터는 DICK'S의 텍사스 사업을 지원하고 여러 주에 있는 100개 이상의 매장에 유통 기능을 제공할 것입니다.

시설은 Hillwood에서 개발한 Risinger/35 물류 파크 내 89.5에이커의 부지에 위치할 것입니다. DICK'S는 새로운 센터에서 고효율 조명 및 HVAC, 재활용 건축 자재, 재활용 프로그램을 포함한 지속 가능성 이니셔티브를 시행할 계획입니다. 건설은 가을 초에 시작될 예정이며, 건축 단계에서 800개의 임시 건설 일자리가 창출될 것으로 예상됩니다.

DICK'S Sporting Goods (NYSE: DKS) a annoncé son intention de construire un centre de distribution régional de 800 000 pieds carrés à Fort Worth, au Texas. Cette installation de nouvelle génération, qui devrait ouvrir début 2026, sera le sixième centre de distribution de l'entreprise et devrait créer 300 nouveaux postes à temps plein au cours des 10 prochaines années. Le centre soutiendra les activités de DICK'S au Texas et fournira des capacités de distribution à plus de 100 magasins dans plusieurs états.

La structure sera située sur un site de 89,5 acres au sein du Risinger/35 Logistics Park, développé par Hillwood. DICK'S prévoit de mettre en œuvre des initiatives de durabilité dans le nouveau centre, y compris un éclairage haute efficacité, un HVAC, des matériaux de construction recyclés et des programmes de recyclage. La construction devrait commencer au début de l'automne, avec une phase de construction qui devrait générer plus de 800 emplois temporaires dans le bâtiment.

DICK'S Sporting Goods (NYSE: DKS) hat Pläne angekündigt, ein 800.000 Quadratfuß großes regionales Verteilungszentrum in Fort Worth, Texas, zu errichten. Diese moderne Einrichtung soll Anfang 2026 eröffnet werden und wird das sechste Verteilungszentrum des Unternehmens sein. Es wird erwartet, dass in den nächsten 10 Jahren 300 neue Vollzeitstellen geschaffen werden. Das Zentrum wird DICK'S Geschäft in Texas unterstützen und Verteilungsfunktionen für mehr als 100 Geschäfte in mehreren Bundesstaaten bieten.

Die Einrichtung wird auf einem 89,5 Acres großen Grundstück im Risinger/35 Logistics Park, das von Hillwood entwickelt wurde, errichtet. DICK'S plant, Nachhaltigkeitsinitiativen im neuen Zentrum umzusetzen, einschließlich hoch effizienten Beleuchtungssystemen und HVAC, recycelten Baumaterialien und Recyclingprogrammen. Der Bau soll Anfang Herbst beginnen, wobei die Bauphase voraussichtlich über 800 temporäre Baujobs schaffen wird.

Positive
  • Expansion of supply chain network with a new 800,000-square-foot distribution center
  • Creation of 300 new full-time jobs over the next 10 years
  • Increased distribution capabilities to support more than 100 stores across several states
  • Implementation of sustainability initiatives in the new facility
Negative
  • None.

Insights

DICK'S Sporting Goods' new distribution center in Fort Worth is a strategic move to enhance its supply chain efficiency. The 800,000-square-foot facility will significantly boost the company's distribution capabilities, supporting over 100 stores across multiple states. This expansion aligns with the growing trend of retailers optimizing their supply networks to meet increasing e-commerce demands.

The location choice is prudent, leveraging Texas' business-friendly environment and skilled workforce. This sixth distribution center will likely reduce shipping times and costs, potentially improving DICK'S competitive edge in the region. The sustainability initiatives planned for the facility also demonstrate the company's commitment to environmentally responsible operations, which could resonate positively with environmentally conscious consumers and investors.

This expansion represents a significant long-term investment for DICK'S Sporting Goods, indicating confidence in future growth. While the immediate financial impact may be , the potential for improved operational efficiency could lead to cost savings and increased profitability in the long run.

The creation of 300 new full-time jobs over 10 years suggests a measured, sustainable growth strategy. Investors should note that this expansion might increase capital expenditures in the short term but could yield substantial returns as the company strengthens its position in the Texas market and surrounding states. The project's phased approach allows for flexibility in adapting to market conditions, potentially mitigating financial risks associated with large-scale expansions.

DICK'S Sporting Goods' expansion in Texas underscores the company's commitment to omnichannel retailing. By enhancing its distribution network, DICK'S is positioning itself to better compete with e-commerce giants and other sporting goods retailers. The new facility's support for both in-store and online shopping reflects the ongoing convergence of physical and digital retail channels.

This move could potentially accelerate DICK'S market share growth in the region, capitalizing on the robust sports culture in Texas and neighboring states. The company's focus on a next-generation facility suggests investments in automation and technology, which could further streamline operations and improve customer experience. This expansion also demonstrates DICK'S adaptive strategy in response to changing consumer behaviors and expectations for faster, more efficient product delivery.

The next-generation facility is the company's sixth distribution center; the new DC is expected to open in early 2026 and will create 300 new jobs over several years.

PITTSBURGH, Aug. 13, 2024 /PRNewswire/ -- DICK'S Sporting Goods (NYSE: DKS) announced today that it plans to construct an 800,000-square-foot regional distribution center in Fort Worth, Texas, which is expected to bring 300 new full-time jobs to the region over the next 10 years.

The next generation facility will support DICK'S business in Texas and provide distribution capabilities to more than 100 DICK'S Sporting Goods stores across several states. DICK'S selected Fort Worth for its business-friendly environment, qualified and reliable workforce and proximity to DICK'S existing - and expanding - physical footprint across Texas. The Fort Worth location joins the existing DICK'S distribution network that includes facilities in Atlanta, Georgia; Conklin, New York; Goodyear, Arizona; Plainfield, Indiana; and Smithton, Pennsylvania.

"We're thrilled to announce our plans to build and open a distribution center in Fort Worth," said Sean Whitehouse, DICK'S senior vice president of supply chain. "This facility will support the rapid growth of our business, including in the state of Texas, and enable more efficient and effective flow of product to athletes whether they shop in-store or online. We're also excited to play an active role in the Fort Worth community."

The DICK'S distribution center will be located on an 89.5-acre site within the Risinger/35 Logistics Park, a development by Hillwood, at Risinger Road and Old Burleson Road. Hillwood, the developer of AllianceTexas, and Hillwood Construction Services, will develop and construct this new build-to-suit project.

"Hillwood is honored to partner with DICK'S Sporting Goods to deliver their next-generation distribution facility at our Risinger/35 Logistics Park development in south Fort Worth," said Reid Goetz, senior vice president of Hillwood. "DICK'S Sporting Goods is a best-in-class company with a premier brand, we are proud they have selected Fort Worth and our highly experienced, vertically-integrated Hillwood industrial development team for this substantial new facility investment and supply chain network expansion."

With this facility, DICK'S will pursue sustainability initiatives such as high-efficiency lighting and HVAC, recycled and environmentally friendly construction materials, energy management systems and recycling programs for corrugate and plastics.

Construction on the facility is scheduled to begin early this fall with a groundbreaking, and the building phase is expected to produce more than 800 temporary construction jobs to the area. The facility is expected to open in early 2026.  

Kris Bjorson, Jamie Galati and Blake Rogers of JLL represented DICK'S Sporting Goods and Reid Goetz, Samuel Rhea, and Jack Barkley represented Hillwood in the transaction. Stream's National Program Management team under the leadership of Joe Iatauro and Patrick Daugherty are providing owner's representative services – overseeing Hillwood in the development of the new distribution center. GSR is the project's lead architect and Westwood is the civil engineering design firm for the project.

About DICK'S Sporting Goods
DICK'S Sporting Goods (NYSE: DKS) creates confidence and excitement by inspiring, supporting and 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, 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 platform for live streaming, scheduling, communications and scorekeeping.

Driven by its belief that sports have the power to change lives, 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 reports and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Instagram, TikTok, Facebook and X.

Contact: DICK'S Sporting Goods – press@dcsg.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dicks-sporting-goods-expands-supply-chain-network-with-new-distribution-center-in-fort-worth-texas-302220237.html

SOURCE DICK'S Sporting Goods

FAQ

When is DICK'S Sporting Goods (DKS) new distribution center in Fort Worth expected to open?

The new distribution center in Fort Worth, Texas, is expected to open in early 2026.

How many new jobs will DICK'S Sporting Goods (DKS) create with its new Fort Worth distribution center?

DICK'S Sporting Goods plans to create 300 new full-time jobs over the next 10 years with its new distribution center in Fort Worth.

What is the size of DICK'S Sporting Goods (DKS) new distribution center in Fort Worth?

The new regional distribution center in Fort Worth will be 800,000 square feet in size.

How many DICK'S Sporting Goods (DKS) stores will the new Fort Worth distribution center support?

The new distribution center will provide distribution capabilities to more than 100 DICK'S Sporting Goods stores across several states.

Dick's Sporting Goods, Inc.

NYSE:DKS

DKS Rankings

DKS Latest News

DKS Stock Data

17.65B
55.71M
3.72%
93.02%
4.74%
Specialty Retail
Retail-miscellaneous Shopping Goods Stores
Link
United States of America
CORAOPOLIS