Sports Authority to close all 450 stores

(Sports Authority)

Sports Authority is closing all of its stores nationwide.

The sporting goods retailer is carrying more than $1 billion in debt and will not reorganize.

The company is liquidating all 450 of its stores and will shut down in the coming months.

In March, Sports Authority filed for Chapter 11 bankruptcy protection.
Related Topics:
businessbankruptcyshoppingu.s. & worldsportsfinance
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