Dick's Sporting Goods Buys Outdoor Retailer Moosejaw From Walmart
February 22 2023 - 12:11PM
Dow Jones News
By Chris Wack
Dick's Sporting Goods Inc. said Wednesday that it has agreed to
buy outdoor retailer Moosejaw from Walmart Inc.
The sporting goods retailer said the acquisition will expand its
outdoor portfolio and reaffirms its commitment to the long-term
business opportunity in the growing multibillion-dollar outdoor
category.
Moosejaw was founded in Michigan in 1992, and operates a highly
successful e-commerce platform. Moosejaw also operates
brick-and-mortar locations in Arkansas, Colorado, Illinois, Kansas,
Michigan and Missouri.
Once the acquisition closes, Moosejaw Chief Executive Eoin
Comerford will report to Todd Spaletto, senior vice president of
Dick's Sporting Goods.
The deal is expected to close in March.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 22, 2023 11:56 ET (16:56 GMT)
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