Academy Sports & Outdoors Plans to Open 160+ New Stores

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Academy Sports & Outdoors Plans to Open 160+ New Stores (Read More)

• Ambitious Expansion Plans: Academy Sports + Outdoors announces intentions to open 160 to 180 new stores over the next five years, with a focus on new markets and seasonal balancing strategies.

• Strategic Growth: CEO Steve Lawrence emphasizes the importance of strategic store openings, aiming for greater density in new markets and a balanced distribution of openings throughout the year.

• Long-Term Vision: CFO Carl Ford highlights Academy's long-term goal of reaching 800-plus stores nationwide, reflecting the company's confidence in its growth trajectory.

• Initial Expansion Phase: The retailer initiates its expansion with the opening of 15 to 17 new stores in the current fiscal year, including locations in Knightdale, N.C., and Greenwood, Ind.

• Customer-Centric Approach: Academy emphasizes its commitment to providing localized assortments and top-notch services, ensuring convenience and satisfaction for its customers in new communities.

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