{"id":475159,"date":"2026-05-08T18:26:14","date_gmt":"2026-05-08T18:26:14","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/475159\/"},"modified":"2026-05-08T18:26:14","modified_gmt":"2026-05-08T18:26:14","slug":"jd-sports-confirms-closure-of-24-stores-as-it-issues-major-update","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/475159\/","title":{"rendered":"JD Sports confirms closure of 24 stores as it issues major update"},"content":{"rendered":"<p>JD Sports has closed 24 UK stores as the retailer warned global uncertainty and rising costs could impact profits.<img decoding=\"async\" alt=\"LONDON, UNITED KINGDOM - 2021\/05\/17: A scene outside JD sport shop. The Prime Minister announced that England can proceed to Stage Three on May 17, 2021. Most shops can reopen including indoor. (Photo by May James\/SOPA Images\/LightRocket via Getty Images)\" loading=\"eager\"  src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/05\/1_A-scene-outside-JD-sport-shop-The-Prime-Minister-announced.jpg\" \/><\/p>\n<p aria-label=\"A JD sport shop\" class=\"ImageCaption_caption-title__ccyQU\" data-testid=\"caption-title\">A JD sport shop(Image: SOPA Images, SOPA Images\/LightRocket via Getty Images)<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">JD Sports, <a aria-label=\"\" class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.irishmirror.ie\/sport\/\" rel=\"follow nofollow noopener\" tabindex=\"0\" target=\"_self\">one of Ireland&#8217;s biggest sports retailers<\/a>, has confirmed that it recently closed more than 20 of its stores in the UK.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">This comes as the UK-based retailer, which operates 31 stores across Ireland, warned that geopolitical factors could have an impact on its profits and overall costs.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">While Irish customers can breathe a sigh of relief, the retailer reported it is facing a drop in its annual earnings, and has warned<a aria-label=\"\" class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.irishmirror.ie\/all-about\/middle-east-war\" rel=\"follow nofollow noopener\" tabindex=\"0\" target=\"_self\"> war in the Middle East <\/a>could create higher costs, pushing up prices and weakening customer demand.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">Issuing a caution on the uncertain geopolitical situation, JD also confirmed it had closed 24 stores across the UK over the past year. The stores closed as <a aria-label=\"\" class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.irishmirror.ie\/all-about\/jd-sports\" rel=\"follow nofollow noopener\" tabindex=\"0\" target=\"_self\">JD<\/a> aims to have &#8220;fewer, bigger, better&#8221; shops.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">The sports brand said <a aria-label=\"\" class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.irishmirror.ie\/all-about\/iran\" rel=\"follow nofollow noopener\" tabindex=\"0\" target=\"_self\">the Iran war<\/a> has had no &#8220;direct exposure&#8221; on the business so far, with it only having a handful of franchised stores in the region.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">However the company warned that &#8220;heightened uncertainty&#8221; could eventually &#8220;contribute to direct cost pressures&#8221;, <a aria-label=\"\" class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.manchestereveningnews.co.uk\/whats-on\/whats-on-news\/major-high-street-sports-brand-33905975\" rel=\"follow nofollow noopener\" tabindex=\"0\" target=\"_self\">Manchester Evening News<\/a> reports.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">A spokesperson said: &#8220;Over time, the potential future impacts of heightened uncertainty may contribute to direct cost pressures, including energy and fuel costs across our store and logistics networks, respectively, as well as potential indirect impacts on pricing and consumer demand should input cost inflation emerge.&#8221;<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">As it faces uncertainty, the retailer said it was providing a wider range of profit guidance for the next financial year than it was previously planning. It is now forecasting a pre-tax profit of between \u00a3750 million (\u20ac867m) and \u00a3850 million (\u20ac983m).<\/p>\n<p><img decoding=\"async\" alt=\"Preview of JD Sports largest store . The Trafford Centre , Manchester  . 5 June 2025\" loading=\"lazy\"  src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/05\/0_050625JDsports5.jpg\" \/><\/p>\n<p aria-label=\" JD Sports\" class=\"ImageCaption_caption-title__ccyQU\" data-testid=\"caption-title\"> JD Sports(Image: Sean Hansford | Manchester Evening News)<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">This would mark a decline from the \u00a3852 million (\u20ac985) pre-tax profit that the company made for the year to the end of January 2026, which was down 6.4% compared with the previous year. Total organic sales for the group, which excludes the impact of acquisitions, increased by 2.1% year on year to \u00a312.66 billion (\u20ac14.64bn).<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">In the UK, JD blamed the decline of organic sales on a &#8220;tough consumer backdrop&#8221;. Since the end of the financial year, JD also said cold and wet weather had dampened sales.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">It said trading in April was &#8220;volatile&#8221;, with a strong <a aria-label=\"\" class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.irishmirror.ie\/all-about\/easter\" rel=\"follow nofollow noopener\" tabindex=\"0\" target=\"_self\">Easter <\/a>performance followed by fewer visitors to shops<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">Regis Schultz, JD&#8217;s chief executive, said: &#8220;We delivered a resilient performance, achieving organic sales growth of 2.1% despite tough market conditions.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">&#8220;Our deep understanding of our customers and lifestyle trends give us a clear view of how they want to shop and spend, allowing us to consistently deliver the right products, in the right places and at the right prices.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\">&#8220;Whilst we continue to expect muted market growth in FY27 (2027 financial year), we remain confident in JD Group&#8217;s medium\u2011term trajectory, underpinned by our strong brand partnerships and agile, multi\u2011brand model.&#8221;<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \" data-tmdatatrack=\"content-unit\" data-tmdatatrack-type=\"paragraph\"><strong class=\"Strong_strong__e2x35\">Subscribe to our newsletter for the latest news from the Irish Mirror direct to your inbox: Sign up <a aria-label=\"\" class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.irishmirror.ie\/newsletter-preference-centre\/?view=Solus&amp;mailingListId=39e53cb8-b266-4e33-8d00-e9f7a38f420c&amp;utm_source=solusarticle\" rel=\"follow nofollow noopener\" tabindex=\"0\" target=\"_self\">here.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"JD Sports has closed 24 UK stores as the retailer warned global uncertainty and rising costs could impact&hellip;\n","protected":false},"author":2,"featured_media":475160,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[79,154384,18,19,18929,17,149916,169227],"class_list":{"0":"post-475159","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-easter","10":"tag-eire","11":"tag-ie","12":"tag-iran","13":"tag-ireland","14":"tag-jd-sports","15":"tag-middle-east-war"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116540368109813413","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/475159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=475159"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/475159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/475160"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=475159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=475159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=475159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}