Jul 10, 2025, 9:47 PM
Jul 10, 2025, 9:47 PM

Pittsburgh companies Dick's Sporting Goods and Duolingo make Time's influential list

Highlights
  • Dick's Sporting Goods achieved its best-ever sales quarter ending February 1, 2025, despite a general decline in brick-and-mortar stores.
  • In May 2025, they announced their acquisition of Foot Locker for $2.4 billion, aiming to create a global platform to meet evolving customer needs.
  • Duolingo has experienced significant user growth and is noted for turning its educational app into a cultural phenomenon, highlighting the influence of innovative business practices in Pittsburgh.
Story

In an announcement made by Time magazine, two businesses headquartered in Pittsburgh, United States, have been recognized in the 2025 list of the 100 most influential companies. The selection highlights entities that are shaping the global landscape through their innovation and leadership. Among them is Dick's Sporting Goods, which has demonstrated resilience in an era where many brick-and-mortar stores struggle. The company achieved its best-ever sales quarter ending on February 1, which speaks volumes about its strategic adaptations and market presence. Furthermore, in May 2025, the retailer revealed plans to acquire the well-known shoe company Foot Locker for a massive $2.4 billion. The completion of this transaction is anticipated in the latter half of 2025. Dick's Sporting Goods CEO Lauren Hobart described the acquisition as a move towards establishing a global platform designed to evolve with consumer needs, highlighting the importance of adapting store designs and product offerings to maintain relevance in a competitive market. The second Pittsburgh-based company making waves is the language-learning app Duolingo. According to Time, Duolingo has transformed from a learning tool into a cultural phenomenon. Its energetic and inventive marketing techniques have significantly increased its user base, with active monthly users having more than doubled from 2022 to 2024. This growth reflects a broader trend within the educational technology sector, where user engagement and accessibility are pivotal. Duolingo’s focus on gamification and community participation helps to cultivate a loyal user base, which in turn solidifies its status as a leader in the language-learning space. The dual recognition of both companies on Time's list reinforces Pittsburgh's emerging prominence as a hub for innovative businesses. Their achievements not only signify successful business models but also highlight the adaptability and creativity of firms in facing modern challenges. The acknowledgment by such a reputable source serves as motivation for continued growth and impact across various industries.

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