DICK’S Sporting Goods & SidelineSwap Expand Resale Partnership in 2024
16 Aprile 2024 - 12:03PM
Business Wire
DICK’S is bringing the circular economy to sports by giving
athletes the opportunity to trade-in their used sports gear and
instantly receive a DICK’S e-gift card for the trade-in value at
over 300 trade-in events at DICK’S locations in 2024
DICK’S Sporting Goods (NYSE: DKS) and SidelineSwap, the world’s
largest online marketplace for new and used sporting goods, are
expanding their resale partnership for the third straight year to
offer SidelineSwap’s recommerce services to more DICK’S athletes
throughout the U.S. The growth of this partnership comes in direct
response to consumers’ increased interest in resale to both save
money and live more sustainable lifestyles.
Throughout 2024, DICK’S athletes will be able to drop-off their
used sports gear at SidelineSwap trade-in events at select DICK’S
locations throughout the U.S. The used gear will be evaluated by
SidelineSwap buying experts, and athletes will be paid with DICK’S
e-gift cards to use towards their next purchase. Items that do not
qualify for trade-in can be donated or recycled responsibly.
DICK’S athletes who attended trade-in events in 2023 received an
average payout of $120 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 2024 will be held at DICK’S locations in
Pennsylvania, New York, New Jersey, Delaware, Maryland, Virginia,
Massachusetts, New Hampshire, Rhode Island, Connecticut, Illinois,
Michigan, Colorado, Wisconsin, and Georgia; with additional states
potentially to be added. More detail on store locations and dates
for upcoming events can be found on:
https://www.dickssportinggoods.com/s/dicks-trade-in-by-sideline.
“While recommerce in fashion receives the lion’s share of
national attention, recent studies show that 77% of recommerce
actually happens in categories outside of apparel, such as sporting
goods,” said Brendan Candon, CEO of SidelineSwap. “We are excited
to increase consumer awareness in sports resale through our
partnership with DICK’S and make athletes aware that they can
trade-in items such as baseball and softball bats, golf clubs,
hockey skates, lacrosse gear – as well as many other types of
sports and outdoor gear – at our events.”
“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 Michael Stack, VP, Strategy & Corporate
Development at DICK’S Sporting Goods. “SidelineSwap is a terrific
partner that’s supportive of our efforts to make an impact in the
recommerce space and our athletes really enjoy the convenience and
purpose behind trade-in events.”
To date, SidelineSwap has helped over 2 million athletes resell
over $250,000,000 of used sports gear to-date, and keeps 180,000
pounds of used gear out of landfills annually.
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 $250,000,000 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 the 3rd
year in a row, and is the recommerce partner of choice for leading
sports & outdoor brands.
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, 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, and dickssportinggoods.jobs,
as well as on Instagram, TikTok, Facebook, and X.
Category: Company
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version on businesswire.com: https://www.businesswire.com/news/home/20240416779412/en/
Doug Smith, SidelineSwap, doug@sidelineswap.com
Amanda Bonzo, DICK’S Sporting Goods, amanda.bonzo@dcsg.com
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