Hibbett, Inc. (formerly Hibbett Sports, Inc.) is an American

sporting goods Sports equipment, also called sporting goods, are the tools, materials, apparel, and gear, which varies in shapes, size, and usage in a particular sport. It includes balls, nets, rackets, protective gears like helmets, goggles, etc. Since the p ...

retailer Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesal ...

headquartered in

Birmingham, Alabama Birmingham ( ) is a city in the north central region of Alabama, United States. It is the county seat of Jefferson County, Alabama, Jefferson County. The population was 200,733 at the 2020 United States census, 2020 census, making it the List ...

and is a wholly-owned subsidiary of

JD Sports JD Sports Fashion plc, commonly known as JD Sports, JD or JD Group is a British multinational sports-fashion retail company based in Bury, Greater Manchester, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 10 ...

. the company operated 1,169 retail stores, which include 960 Hibbett Sports stores, 193 City Gear stores, and 16 Sports Additions athletic shoe stores in 36 states. Hibbett Sports, Inc. operates

stores in small to mid-sized

market Market is a term used to describe concepts such as: *Market (economics), system in which parties engage in transactions according to supply and demand *Market economy *Marketplace, a physical marketplace or public market *Marketing, the act of sat ...

s, in the

Southeast The points of the compass are a set of horizontal, Radius, radially arrayed compass directions (or Azimuth#In navigation, azimuths) used in navigation and cartography. A ''compass rose'' is primarily composed of four cardinal directions—north, ...

Southwest The points of the compass are a set of horizontal, radially arrayed compass directions (or azimuths) used in navigation and cartography. A '' compass rose'' is primarily composed of four cardinal directions—north, east, south, and west— ...

and lower

Midwest The Midwestern United States (also referred to as the Midwest, the Heartland or the American Midwest) is one of the four census regions defined by the United States Census Bureau. It occupies the northern central part of the United States. It ...

regions of the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

. States with the most stores are

Georgia Georgia most commonly refers to: * Georgia (country), a country in the South Caucasus * Georgia (U.S. state), a state in the southeastern United States Georgia may also refer to: People and fictional characters * Georgia (name), a list of pe ...

(97),

Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...

(97), and

Alabama Alabama ( ) is a U.S. state, state in the Southeastern United States, Southeastern and Deep South, Deep Southern regions of the United States. It borders Tennessee to the north, Georgia (U.S. state), Georgia to the east, Florida and the Gu ...

(90). Its stores offer a range of athletic equipment,

footwear Footwear refers to garments worn on the feet, which typically serve the purpose of protective clothing, protection against adversities of the environment such as wear from rough ground; stability on slippery ground; and temperature. *Shoes and si ...

and

apparel Clothing (also known as clothes, garments, dress, apparel, or attire) is any item worn on a human human body, body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin s ...

. The company's primary store format is the Hibbett Sports store, an approximately 5,000 square foot store located primarily in strip centers which are frequently influenced by a

Wal-Mart Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other ...

store.

History

In January 2015, Hibbett Sports reported net annual sales of US$913M on total assets of US$452M. In August 2017, the company announced the launch of its new

e-commerce E-commerce (electronic commerce) refers to commercial activities including the electronic buying or selling products and services which are conducted on online platforms or over the Internet. E-commerce draws on technologies such as mobile co ...

site, hibbett.com. The website includes product launch calendars, a store availability finder, and fit-finding technology. UK-based

agreed to acquire Hibbett for $1.08 billion in April 2024. The acquisition was completed three months later.{{Cite web, url=https://investors.hibbett.com/websites/hibbett/English/2120/news-detail.html?airportNewsID=91ee51eb-ecef-477e-8ced-abad02f4c27c, title=Hibbett Announces Completion of Acquisition by JD Sports Fashion plc, work=Hibbett, access-date=2024-10-03, language=en

References

Companies based in Birmingham, Alabama Economy of the Midwestern United States Economy of the Southeastern United States Economy of the Southwestern United States Sportswear brands Sporting goods retailers of the United States Companies formerly listed on the Nasdaq Retail companies established in 1945 1945 establishments in Alabama 2024 mergers and acquisitions American subsidiaries of foreign companies