DICK’S To Sell 8 Field & Stream Stores

The anti-rights policies of Dick’s Sporting Goods are coming home to roost. Sportsman’s Warehouse announced that they were acquiring eight existing Field & Stream stores from Dicks.

MIDVALE, Utah, Sept. 30, 2019  (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc.  (Nasdaq: SPWH) announced today that it has entered into agreements with DICK’S Sporting Goods, Inc. (NYSE: DKS) to acquire 8 Field & Stream locations. The acquired stores will be operated as Sportsman’s Warehouse stores and are located in Pennsylvania (3), New York (2), North Carolina (2) and Michigan (1). The total purchase price of $28 million for inventory and assets will be funded through borrowings under Sportsman’s revolving credit facility. Sportsman’s will sublease the eight locations from DICK’S.  The transaction is expected to close on October 11, 2019 subject to customary closing conditions.

This acquisition is consistent with Sportsman’s strategy to return to a more typical store growth pattern, following a period of investment in omni-channel capabilities, technology, and debt reduction over the last two years.


“We are very pleased to announce this opportunistic expansion of our current 95 store base through the acquisition of these 8 Field & Stream locations. Each of these stores operate in strong markets, with well-established customer bases. We look forward to serving these communities with our continued strong commitment to provide outstanding gear and exceptional service to inspire outdoor memories.” said Jon Barker, Chief Executive Officer.

DICK’S CEO Ed Stack said in August that the company is engaging in a “broader strategic review of our hunt business, including Field & Stream.”

Translated this means that “you damned bitter clingers have decided to shop elsewhere because of my anti-rights, gun control posturing.”

That would be pretty much correct. I haven’t stepped foot in either a DICK’S or a Field & Stream since Stack decided it was good business to virtue signal on gun control.

While DICK’S has made no formal announcement on their website of the sale (unlike Sportsman’s Warehouse), Jim Shepherd of the Outdoor Wires has more on the sale.

The industry was outraged when Dick’s Sporting Goods (NYSE: DKS) announced it would remove guns from its nationwide chain. Now, it appears the company is quietly abandoning their Field & Stream stores as well.


Yesterday, it was reported that Dick’s was selling eight of its 35 Field & Stream branded stores to Sportsman’s Warehouse. Seems Utah-based Sportsman’s Warehouse feels the locations (Camp Hill and Altoona, PA, Horseheads and Rochester, NY, Greensboro and Asheville, NC and Troy, Michigan) are “opportunistic expansion” openings and worth the reported $28-million purchase price.


In fact, Sportsman’s Warehouse CEO Jon Baker described the eight locations as “strong markets with well-established customer bases.” All good for a company that has solidly identified with hunters and the shooting markets.


Dick’s has yet to clearly state what has become, essentially, a foregone conclusion- they plan to remove hunting gear from all their Dick’s locations (125 more this year) and dispose of the remaining 27 Field & Stream brand stores as quickly as is practicable.

I, for one, am pleased to be getting a Sportsman’s Warehouse in Asheville. The old Field & Stream store is in a good location, has an exterior that screams outdoors, and is next to the Asheville Outlet Mall. This is just the type of outdoors store that we have been waiting for in western North Carolina.

The Greensboro location is also ideal for Sportsman’s Warehouse. While the Piedmont Triad does have a couple of Gander Outdoors stores and an Academy Sports, there is nothing like a Sportman’s Warehouse, Cabela’s, or Bass Pro Shops in the area. The closest would be either the Raleigh area or the Charlotte area.


4 thoughts on “DICK’S To Sell 8 Field & Stream Stores”

  1. The great sort continues. They will have their retail outlet for soccer balls and we will have ours for hunting and fishing. And we grow ever apart.

  2. 8 down 27 to go. I wonder if Bass Pro/Cabela’s would be interested in buying another competitor?

    Stack doesn’t seem to understand the first law of retail: don’t p**s off your customers. Unless his calculation is that he’ll run off some percentage of customers but gain 10x that number in anti-gun SJWs, which I find hard to believe. Dick’s sells overpriced athletic apparel that’s overpriced because it has team names on it. Another chain that did that went out of business not too long ago, Sports Authority. I never saw guns in any Sports Authority I had visited. Contrast with Academy Sports, who does sell guns and accessories. They’re still in business.

    Retail is tough, no matter what you’re selling. There’s always competition and the fight is always to get them in your store. Usually by figuring out how to live on a smaller profit margin. To deliberately make some set of your potential (or real) customers swear on their life to never set foot in your store seems like a stupid business decision.

    1. If I remember correctly, I did buy a Ruger 10/22 International (Mannlicher stock) at a Sports Authority. However, that would have been in the 1990s or early 2000s. It was in Winston-Salem, NC and they were having a sale.

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