Under Armour Announces Thanksgiving Store Closures
Under Armour, Inc. (NYSE: UA, UAA) will close all U.S. retail locations for Thanksgiving on November 26, 2020, reopening on November 27. This decision supports over 6,000 retail employees, allowing them to celebrate the holiday. CEO Patrik Frisk emphasized the unpredictability of the year and the importance of recognizing team achievements. Under Armour aims to prioritize employee well-being while maintaining customer service throughout the holiday season.
- Closure supports over 6,000 retail employees during the Thanksgiving holiday.
- Decision reflects a focus on employee well-being and morale.
- None.
BALTIMORE, Sept. 4, 2020 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced plans to close all UA Brand House and UA Factory House retail locations in the United States for Thanksgiving (November 26). All U.S. retail locations will re-open to the public on Friday, November 27.
"This entire year has been unpredictable and for all of us, challenging in our own ways," said Patrik Frisk, CEO of Under Armour. "It's important to take the time to acknowledge and celebrate the wins that we've accomplished throughout 2020. For that, we're closing our stores to give our retail teammates a chance to pause and enjoy the Thanksgiving holiday before finishing out the year strong."
This move will benefit over 6,000-plus Under Armour retail workers at all of the 179 U.S. retail locations. All Under Armour stores will re-open in accordance with their respective mall hours, and customers are encouraged to check the local mall listings for individual store opening times.
"We're very appreciative of all of our teammates who continue to safely serve our customer's journey in keeping fitness and staying healthy top of mind during these times of uncertainty," added Frisk. "This momentary break in retail ensures our teammates the opportunity to focus on their well-being and loved ones."
About Under Armour, Inc.
Under Armour, Inc., headquartered in Baltimore, Maryland, is a leading inventor, marketer and distributor of branded athletic performance apparel, footwear and accessories. Powered by one of the world's largest digitally connected fitness and wellness communities, Under Armour's innovative products and experiences are designed to help advance human performance, making all athletes better. For further information, please visit https://about.underarmour.com.
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SOURCE Under Armour, Inc.
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