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Sports Authority Speeds Up Store Closings

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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.

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