Dick's Could Acquire as Many as 180 Sports Authority Stores
Sports Authority's loss could be Dick's Sporting Goods' gain, analysts say. Dick's, the nation's largest sporting goods retailer, is the most likely bidder for the majority of Sports Authority store leases that could go to auction next week, a Canaccord Genuity analyst wrote Monday in a research note to clients. Analyst Camilo Lyon's base-case scenario has publicly traded Dick's scooping up 80 Sports Authority leases.The best-case scenario? 180 stores.