Hibbett Sports owner plans to close 175 underperforming stores in major North American reorganization (opens original article in a new tab)

Hibbett Sports will close 175 stores over the next three years as part of a reorganization by its parent company, JD Sports, to optimize store productivity and reduce costs.

• Hibbett Sports will close 175 stores in the next three years as part of JD Sports' reorganization.
• JD Sports acquired Hibbett in 2024 for $1.1 billion to enhance its presence in the North American footwear market.
• JD Sports plans to open 20 new stores and convert 70-80 Finish Line stores to JD locations in North America.