Sports brand to close hundreds of US stores in major shake-up

• JD Sports plans to close approximately 175 Hibbett stores across the U.S. over the next three years.
• This strategic decision aims to consolidate operations into fewer, larger and more profitable locations.
• The British retailer acquired Hibbett for about $1.1 billion in 2024 as part of its expansion into the North American sportswear market.
• The move comes amid increased competition, particularly from Dick's Sporting Goods, which has been successful with its larger, experience-focused stores.
• Company leaders believe focusing on bigger stores will allow for greater investment in technology and an enhanced customer experience, despite some smaller stores having strong sales.

IN FULL

Sports retailer to close 175 underperforming stores so it can focus on key locations