Sports Authority Begins Closing Retail Locations
Going out of business sales have officially begun at Sports Authority retail locations. See what plans have been put in place for the sports retailer’s liquidation process at its 450 U.S. locations.
Going out of business sales have officially begun at Sports Authority retail locations. See what plans have been put in place for the sports retailer’s liquidation process at its 450 U.S. locations.
In recent weeks and months, major retailers have been filing for bankruptcy, closing stores and slashing jobs. See what retailers are rethinking their business.
Amid difficult days for apparel companies, embattled teen retailer Aeropostale as expected has filed for Chapter 11 bankruptcy protection, and plans to close 113 U.S. stores. It joins other recent companies including Sports Authority and Vestis Retail Group, owners of Sports Chalet, Eastern Mountain Sports and Bob’s Stores.
Sports Authority won’t come out of bankruptcy as an independent company and instead wants to sell off all its holdings, according to a report from The Denver Post.