Academy Sports Faces Layoffs Again

Following a round of layoffs last summer, Academy Sports + Outdoors said it will be laying off approximately 140 corporate employees largely due to the outsourcing of certain IT functions at the retailer.

Academy Sports To Sponsor Texas Bowl

Academy Sports + Outdoors has signed a three-year deal to become the title sponsor the Texas Bowl, a collegiate postseason showdown between teams from the Big 12 and the Southeastern conferences.

Academy’s Challenges Continue In First Half

Moody’s downgraded the debt ratings of Academy Sports + Outdoors due to “difficult market conditions, including a highly promotional environment for athletic apparel and weak demand for firearms and ammunition,”

Academy Sports Lays Off 100 In Restructuring

The layoffs, which follow a similar round of layoffs at its largest competitor, Dick’s Sporting Goods, come as the company has “identified new areas of focus where our energy and dollars will make a real difference as we continue to write our strategic growth story.”