Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Sports Authority Speeds Up Store Closings

Join Sourcing Journal on March 13th HKT for Sourcing Summit Hong Kong for discussions on mending relationships between supply chain partners, remaking factories for smaller MOQs and faster turns, and creating resilience to survive the next inevitable crisis.

Sports Authority is ceasing operations earlier than expected.

The retailer will close most or all of its stores at the end of this month after settling for liquidation and failing to find buyers, The Wall Street Journal reported.

According to seven store managers interviewed by the Journal, Sports Authority has instructed all workers to begin store closing procedures and permanently lock up locations, while the retailer enters into the final stages of bankruptcy. The sporting goods retailer filed for Chapter 11 in March after years of struggle.

Read more at Sourcing Journal.

Related Articles

More from our brands

Access exclusive content Become a Member Today!