Hibbett Provides Business Update and Announces Launch of E-Commerce Site
July 24, 2017
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Based on very challenging sales trends, comparable store sales are
expected to decrease approximately 10% for the second quarter ending
Separately, the Company today announced the launch of a new, transactional e-commerce website, www.Hibbett.com. The site will provide customers with a robust, user-friendly experience and will have an expansive assortment of footwear, apparel and equipment items to choose from. The site will also be fully integrated with Company stores, including visibility of in-store inventory, the ability to fulfill online orders from stores, the ability to return online purchases in stores, and full integration of the newly enhanced Hibbett Rewards program.
Key Hibbett.com Features
- Launch Calendar – enables customers to easily add shoe release dates to their calendar
- Product Finder – brings a personalized, store-like shopping experience online
- Hibbett Rewards – full access to loyalty program and award redemption online
- Rich product pages – shoppers can view 360° images and video content of items
- Store availability – allows customers to find items at a nearby store
- Enhanced integrated search – ability to search for items in multiple ways from style, category, color or sport, across multiple brands
- True Fit – technology that enables customers to identify their proper sizes and save them online for future shoe or apparel purchases
- Shop the Look – Hibbett stylist curated outfits for customers who want to purchase a complete ensemble
- Related Items – automated recommendations for items that are typically purchased together upon check-out, such as socks with shoes
- Wish List – customers can save items for a later time or until they are ready to purchase
- Free Shipping Options and Free Returns online or in person at 1,000+ store locations – customers can return items for free within 60 days of purchase
- Guest checkout – ability to make purchase without creating an account
- Streamlined checkout – allows customers to purchase with credit cards, PayPal or Apple Pay
- Helpful Shopping Guides – such as “How to pick the right insole”
A WARNING ABOUT FORWARD LOOKING STATEMENTS: Certain matters discussed
in this press release are "forward looking statements" as that term is
used in the Private Securities Litigation Reform Act of 1995. Forward
looking statements address future events, developments or results and
typically use words such as believe, anticipate, expect, intend, plan,
forecast, guidance, outlook, or estimate. For example, our
forward looking statements include statements regarding comparable store
sales, margins, earnings per diluted share, our e-commerce initiative,
website capabilities and customer uptake, and future company growth. Such
statements are subject to risks and uncertainties that could cause
actual results to differ materially, including economic conditions,
industry trends, merchandise trends, vendor relationships, customer
demand, and competition. For a discussion of these factors, as
well as others which could affect our business, you should carefully
review our Annual Report and other reports filed from time to time with
the
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Senior Vice
President &
Chief Financial Officer
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