Jack Crivici-Kramer
👤 PersonAppearances Over Time
Podcast Appearances
Come on, come on. But yet, here's what Jack and I found most interesting. It's not Foot Locker we want to talk about. It's Dick's. Because Dick's stock is up 600% in the past few years. And Jack and I are sitting here wondering, how is Dick's defying Amazon, defying e-commerce, defying online shopping, and seeing their stock surge 600%? They're doing it with their house of sport.
Because in the last few years, Dick's has invested in creating physical temples to athletics. These are unreal. And they call them the house of sport. I've never been to one. No. I want to go there for my birthday. I mean, Jack, these are super stores bigger than your entire college athletic department.
Because in the last few years, Dick's has invested in creating physical temples to athletics. These are unreal. And they call them the house of sport. I've never been to one. No. I want to go there for my birthday. I mean, Jack, these are super stores bigger than your entire college athletic department.
Because in the last few years, Dick's has invested in creating physical temples to athletics. These are unreal. And they call them the house of sport. I've never been to one. No. I want to go there for my birthday. I mean, Jack, these are super stores bigger than your entire college athletic department.
These Dick's stores include football fields, batting cages, rock climbing walls, soccer nets, and virtual driving ranges. Okay, one of them we found even has an ice skating rink in the store. Where are they parking that Zamboni? I don't know, Jack. You need another store just to keep and maintain the Zambonis, man. So it's less store, more like community center.
These Dick's stores include football fields, batting cages, rock climbing walls, soccer nets, and virtual driving ranges. Okay, one of them we found even has an ice skating rink in the store. Where are they parking that Zamboni? I don't know, Jack. You need another store just to keep and maintain the Zambonis, man. So it's less store, more like community center.
These Dick's stores include football fields, batting cages, rock climbing walls, soccer nets, and virtual driving ranges. Okay, one of them we found even has an ice skating rink in the store. Where are they parking that Zamboni? I don't know, Jack. You need another store just to keep and maintain the Zambonis, man. So it's less store, more like community center.
I would take my boys to spend a few hours there on a cold Saturday in the winter. There are actually recreational soccer leagues that are doing their entire league out of a Dick's Sporting Goods store, a house of store. And again, this place is huge. Nick, can you sprinkle on some context? 140,000 square feet is almost the size of the Kremlin. What a hilarious comparison.
I would take my boys to spend a few hours there on a cold Saturday in the winter. There are actually recreational soccer leagues that are doing their entire league out of a Dick's Sporting Goods store, a house of store. And again, this place is huge. Nick, can you sprinkle on some context? 140,000 square feet is almost the size of the Kremlin. What a hilarious comparison.
I would take my boys to spend a few hours there on a cold Saturday in the winter. There are actually recreational soccer leagues that are doing their entire league out of a Dick's Sporting Goods store, a house of store. And again, this place is huge. Nick, can you sprinkle on some context? 140,000 square feet is almost the size of the Kremlin. What a hilarious comparison.
Like we said, this isn't a house of sport. This is a palace of sports. But they're also expensive. The cost to build one of these house of sport megastores is $15 million more than a typical dick sporting goods.
Like we said, this isn't a house of sport. This is a palace of sports. But they're also expensive. The cost to build one of these house of sport megastores is $15 million more than a typical dick sporting goods.
Like we said, this isn't a house of sport. This is a palace of sports. But they're also expensive. The cost to build one of these house of sport megastores is $15 million more than a typical dick sporting goods.
So yet he's added it all up, and Jack and I got to ask, is splurging on these sports cathedrals a good investment? My instinct is probably not.
So yet he's added it all up, and Jack and I got to ask, is splurging on these sports cathedrals a good investment? My instinct is probably not.
So yet he's added it all up, and Jack and I got to ask, is splurging on these sports cathedrals a good investment? My instinct is probably not.
Jack, what's the takeaway for our buddies over at Dick's? To quote Floyd Mayweather, scared money don't make money. Scared money don't make money. Yeti's Lauren Hobart is the Dick's CEO. And honestly, we think she deserves a gold medal. Because in the age of online shopping... Who would build a physical store three times bigger than all your other physical stores? Not just that, Jack.
Jack, what's the takeaway for our buddies over at Dick's? To quote Floyd Mayweather, scared money don't make money. Scared money don't make money. Yeti's Lauren Hobart is the Dick's CEO. And honestly, we think she deserves a gold medal. Because in the age of online shopping... Who would build a physical store three times bigger than all your other physical stores? Not just that, Jack.
Jack, what's the takeaway for our buddies over at Dick's? To quote Floyd Mayweather, scared money don't make money. Scared money don't make money. Yeti's Lauren Hobart is the Dick's CEO. And honestly, we think she deserves a gold medal. Because in the age of online shopping... Who would build a physical store three times bigger than all your other physical stores? Not just that, Jack.
She built 21 of these stores. There are enough soccer fields now to host the World Cup at Dick's. And in this economy, who's spending a total of $315 million on souped-up sports stores? But get this, besties. Despite costing $15 million more to build each one of them, these stores pay for themselves. In fact, they pay for themselves in the first year.