Dive Brief:
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Dick’s Sporting Goods Inc. chief operating officer Joseph H. Schmidt and global merchandising chief John G. Duken are departing, the company said Tuesday.
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Schmidt will retire early next year after 24 years at the company; Duken will retire in a couple of months after 15 years.
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The sporting goods retailer also promoted its product development chief, Lee J. Belitsky, to executive vice president of product development and planning, allocation, and replenishment.
Dive Insight:
Dick’s Sporting Goods has been reporting mixed results and falling sales in certain categories, even as sales have been steady or grown. A restructuring at the top and attention to the retailer’s product development and merchandising could help right the ship.