Hibbett Sports owner plans to close 175 underperforming stores in major North American reorganization ^55.9%

FOXBusiness - By Eric Revell - 6/8/2026, 4:12 PM

Optimism Bias 25% - Framing Effect 20.3% - Appeal to Authority 16.9%

Hibbett Sports will close 175 stores around the U.S. over the next three years as its parent company, JD Sports, looks to reorganize its footprint. JD Sports acquired Hibbett in 2024 in a deal valued at around $1.1 billion, with the acquisition viewed as enhancing JD's presence in the North American footwear market. Hibbett had... more