NEW YORK — Dick’s Sporting Goods’ purchase last week of Galyan’s Trading Corp. is the latest in a recent series of consolidations in the highly fragmented sporting goods industry — and the pace is expected to continue.

“There is definitely more consolidation on the horizon, both among sport vendors and retailers,” said analyst Jim Duffy of Thomas Wiesel Partners. “It’s a very fast way for a company to expand their store base and it allows companies to leverage expenses. Also, as retailers consolidate, vendors need to be stronger in order to supply them properly.”

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