Hibbett Sports owner intends to shut down 175 stores across the US as part of a significant reorganization.
JD Sports Announces Store Closures in the U.S. JD Sports, the parent company of Hibbett Sports, is set to undergo a restructuring, which involves closing 175 stores across the United States over the next three years. In an acquisition deal valued at around $1.1 billion, JD Sports plans to acquire Hibbett in 2024. This move […]
Hibbett Sports to shut down 175 stores as parent company JD Sports reduces expenses.
JD Sports Restructuring Plans Include Closing Hibbett Stores JD Sports, the parent company of Hibbett Sports, intends to reorganize its operations and will shutter 175 stores across the U.S. over the next three years. In a move that signifies its growth in North America, JD Sports is set to acquire Hibbett in 2024 for an […]