Walmart will sell outdoor retailer Moosejaw to Dick's Sporting Goods.
The deal is expected to close in March for an undisclosed sum.
- Moosejaw was founded in 1992 and acquired by Walmart for about $51M in 2017.
- Dick's plans to operate Moosejaw through its Public Lands outdoor business, which was launched in 2021.
- Moosejaw operates primarily through e-commerce channels, and its acquisition is expected to help Dick's expand its e-commerce footprint, which it has prioritized since 2017.
