DICK’S Sporting Goods to Acquire Outdoor Retailer Moosejaw

DICK’S Sporting Goods (NYSE: DKS) today announced it has agreed to acquire leading outdoor retailer Moosejaw from Walmart. The acquisition will expand DICK’S outdoor portfolio – currently led by its specialty retailer, Public Lands – and reaffirm its commitment to the long-term business opportunity in the growing multibillion-dollar outdoor category.

Moosejaw, founded in Michigan in 1992, operates a highly successful e-commerce platform, has a loyal customer base, strong vendor relationships with leading outdoor brands and a passionate workforce. Moosejaw also operates brick-and-mortar locations in Arkansas, Colorado, Illinois, Kansas, Michigan and Missouri.

“We admire what Moosejaw has accomplished over the past 30 years as leaders in the outdoor industry and look forward to the opportunity to share insights and learn from one another,” said Todd Spaletto, President, Public Lands and Senior Vice President, DICK’S Sporting Goods. “We believe there’s potential to grow the Moosejaw business and provide compelling experiences and an expanded product assortment to its millions of loyal customers.”

Read the source article at prnewswire.com