JD Sports snaps up Shoe Palace in $325m deal

Sportswear giant JD Sports has snapped up US trainer retailer Shoe Palace for 325 million dollars (£243.8 million).
The move is the Bury-based retailer’s latest expansion into the US and it said the deal “complements” the Finish Line shoe-store chain it bought in 2018.
JD said the purchase would help to grow its footprint across the US west coast and increase its appeal among Hispanic and Latino…