Sports and Outdoor Retailer Partners with DoorDash for Same-Day Deliveries

  • Academy Sports and Outdoors partners with DoorDash for on-demand delivery
  • DoorDash expands beyond restaurants to include retailers like Ulta Beauty, Lowe’s, The Vitamin Shoppe, Camping World, and Staples
  • Academy Sports plans to open 160-180 new stores over the next five years
  • Expanded partnership with Fanatics and L.L. Bean products in stores and online

Academy Sports and Outdoors, a sports and outdoor recreation retailer, has partnered with DoorDash to offer on-demand delivery services. This collaboration marks DoorDash’s expansion beyond restaurants, having previously added Ulta Beauty, Lowe’s, The Vitamin Shoppe, Camping World, and Staples to its platform. Academy Sports plans to open between 160 to 180 new stores over the next five years, starting with 15-17 locations in 2024. The retailer has also extended partnerships with Fanatics and L.L. Bean products online and in stores. Additionally, Academy Sports appointed Robert Howell as its senior vice president and chief supply chain officer to oversee distribution centers and logistics.

Factuality Level: 8
Factuality Justification: The article provides accurate information about the collaboration between Academy Sports and Outdoors and DoorDash, as well as details about their expansion plans and recent changes in supply chain operations. It also mentions partnerships with other companies like Fanatics and L.L. Bean. However, it lacks a clear focus on cost savings and customer experience benefits.
Noise Level: 3
Noise Justification: The article provides some relevant information about a partnership between Academy Sports and Outdoors and DoorDash, but it lacks depth and analysis. It mostly reports on recent events without exploring their implications or long-term trends.
Financial Relevance: Yes
Financial Markets Impacted: Retail industry
Financial Rating Justification: The article discusses partnerships between retailers like Academy Sports and Outdoors, DoorDash, Ulta Beauty, Lowe’s, The Vitamin Shoppe, Staples, and Fanatics, which can impact their financial performance and the overall retail market. It also mentions the expansion plans of Academy Sports and Outdoors and changes in its supply chain operations. These collaborations and decisions may affect stock prices and company valuations.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in this article. It discusses the partnership between Academy Sports and Outdoors and DoorDash for delivery services.

Reported publicly: www.retaildive.com