Dick's Sporting Goods, a leading American omnichannel retailer, has announced that it will acquire Moosejaw, a prominent outdoor retailer, from Walmart. This acquisition is expected to enhance Dick's outdoor portfolio, which is currently led by its specialty retailer, Public Lands. The move will also reaffirm Dick’s commitment to the growing multibillion-dollar outdoor category.

After the acquisition, Moosejaw CEO Eoin Comerford will report to Spaletto.

The deal is expected to close in March 2023, Dick’s Sporting Goods said in a press release.

"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."

Dick's launched Public Lands in 2021, and it has since grown to seven retail locations and a thriving e-commerce presence.

Moosejaw was founded in Michigan in 1992 and has a strong e-commerce platform, as well as brick-and-mortar locations in several states across the US.

Fibre2Fashion News Desk (DP)

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US' Dick's to acquire retailer Moosejaw to boost outdoor portfolio