Sports retailer Eastbay said Tuesday that it’s shuttering operations by the top of this 12 months.

The Inc.-owned company revealed the closure in an announcement on its website, writing: “We’re saying goodbye to Eastbay at the top of December 2022. We encourage you to buy at champssports.com to search out great deals on your athletic shoes, clothing and more.” 

Eastbay was founded in 1980 by highschool coaches Art Juedes and Rick Gering of their hometown of Wausau, Wisconsin, with the mission of creating athletic shoes more accessible for small-town athletes. The corporate was best known for its catalogues within the ’90s, which were fixtures within the sneaker community. 

The corporate later transitioned into its e-commerce platform in 1998, one 12 months after Eastbay was acquired by Foot Locker Inc. 

Eastbay’s closure comes after Foot Locker Inc. said in June it was selling its team sales business to sports apparel distributor BSN Sports, which is a division of Varsity Brands. The retailer also said it will be consolidating Eastbay’s e-commerce site into the Champs Sports website. 

The news comes during a banner 12 months for Foot Locker because the conglomerate revealed in August that its longtime chief executive officer and president Richard Johnson could be stepping down and taking the role of executive chairman through January. The next month, it was revealed Johnson could be succeeded by former Ulta Beauty CEO Mary Dillon. Shares of Foot Locker increased 20.1 percent to $38.40 following the news of Dillon’s appointment.