Sports Authority Is Bankrupt; How Did The Sports Retail Giant Fall? - Newsy
People enter a Sports Authority store, in New York, Wednesday, March 2, 2016. Sports Authority is filing for Chapter 11 bankruptcy protection.(Photo: Richard Drew, AP)
Sports Authority plans to begin liquidation sales as soon as Friday at about 140stores that are set to close as part of its Chapter 11 bankruptcy.
The Englewood, Colo.-based chain ownedby Los Angeles-basedprivate equity firmLeonard Green & Partners filed for bankruptcy Wednesday, citing $1.1 billion in debt and saying that its sales had slumped after it failed to keep up with consumer trends.
Nearly one-third of the retailer"s locations will begin liquidation sales within days.
The list includes25 stores in Texas, 19 in California, 18 in Florida and11 in Illinois.
The rest could be sold to other retailers or liquidators asthe company is currently negotiating with prospective suitors.
A U.S. Bankruptcy Court judge in Delaware was expected to approve the store-closure plan at a hearing Thursday.
"Sales are expected to last for several weeks the duration will most likely vary at different stores," Sports Authority spokesman Steven Goldberg said in an email.
Below is the list of store-closures set to begin as soon as Friday, according to a court document filed late Wednesday.
Follow USA TODAY reporter Nathan Bomey on Twitter @NathanBomey.
Arizona
Casa Grande store in Case Grande
Mesa store in Mesa
Ahwatukee store in Phoenix
Arrowhead store in Glendale
Tuscon Broadway store on Broadway Boulevard in Tuscon
Tuscon Calle store on South Calley Santa Cruz in Tuscon
Tuscon Oracle store on North Oracle Road in Tuscon
California
Bakersfield store in Bakersfield
Redding store in Redding
Riverside store in Riverside
Camarillo store in Camarillo
Cerritos store in Cerritos
Santa Ana store in Santa Ana
Corte Madera S.A. Elite store in Corte Madera
Topanga Mall S.A. Elite store in Los Angeles
Stockton store in Stockton
West L.A. store on South Sepulveda Boulevard in Los Angeles
Ventura store in Ventura
Canoga Park store in Canoga Park
Midtown Crossing store on West Pico Boulevard in Los Angeles
Thousand Oaks store in Thousand Oaks
Rancho San Diego store in El Cajon
Grossmont store in La Mesa
Escondido store in Escondido
Walnut Creek store in Walnut Creek
San Luis Obispo store in San Luis Obispo
Colorado
Bowles Winter Sports Outlet store in Littleton
Denver Sportscastle store in Denver
Arapahoe store in Greenwood Village
Connecticut
North Haven store in North Haven
Bridgeport store in Bridgeport
Danbury store in Danbury
Delaware
Concord store in Wilmington
Florida
Fort Myers store in Fort Myers
Melbourne store in Melbourne
Orlando West store in Orlando
Daytona Beach store in Daytona
Waterford Lakes store in Orlando
Tallahassee store in Talahassee
Port Richey store in Port Richey
Bradenton store in Bradenton
Bonita Springs store in Estero
Cypress Lakes store in Fort Myers
Spring Hill store in Spring Hill
Fowler store in Tampa
Lakeland store in Lakeland
North Port store in Nort Port
Wellington store in Wellington
Port St. Lucie store in Port Saint Lucie
Altamonte Springs store in Altamonte Springs
Ocala store in Ocala
Georgia
Hiram store in Hiram
Stone Mountain store in Lilburn
Illinois
Springfield store in Springfield
Water Tower Place store in Chicago
Northbrook Court store in Northbrook
Calumet City store in Calumet City
Matteson store in Matteson
Lake Zurich store in Lake Zurich
Yorktown store in Lombard
Geneva store in Geneva
Joliet store in Joliet
Schaumburg store in Schaumburg
Orland Park in Orland Hills
Kansas
Lenexa store in Lenexa
Wichita store in Wichita
Maine
Auburn store in Auburn
Maryland
The Mall in Columbia store in Columbia
Gaithersburg store in Gaithersburg
Waldorf store in Waldorf
Catonsville store in Baltimore
Massachusetts
Framingham store in Framingham
Danvers store in Danvers
Holyoke store in Holyoke
Michigan
Clinton Township store in Clinton Township
Minnesota
Rochester store in Rochester
Missouri
Tiffany Springs store in Kansas City
St. Peters store in St. Peters
Fenton store in Fenton
Bridgeton store in Bridgeton
Nebraska
Omaha Maple Road store in Omaha
Omaha 72nd St. store in Omaha
New Hampshire
Nashua store in Nashua
New Jersey
East Brunswick store in East Brunswick
Cherry Hill store in Cherry Hill
Wayne store in Wayne
Piscataway store in Piscataway
Manalapan store in Manalapan
New York
Brooklyn store at 500 Gateway Dr. in Brooklyn
Bronx store on 171 W. 230th St. in Bronx
Westbury Outlet S.A. Elite store in Garden City
Syracuse store in Syracuse
Riverhead store in Riverhead
Smithhaven store in Stony Brook
Yonkers store in Yonkers
Commack store in Commack
Ohio
Dublin store in Dublin
Reynoldsburg store in Columbus
Oregon
Roseburg store in Roseburg
Klamath Falls store in Klamath Falls
Salem store in Salem
Hillsboro store in Hillsboro
Pennsylvania
Allentown store in Whitehall
Lower Nazareth store in Easton
Puerto Rico
Carolina store in Carolina
Plaza Las Americas store in San Juan
Ponce store in Ponce
Tennessee
Collierville store in Collierville
Wolf Creek store in Memphis
Texas
Southpark Meadows store in Austin
West Plano store in Plano
Legacy store in Mansfield
LBJ store in Farmers Branch
Caruth Plaza store in Dallas
Rockwall store in Rockwall
East Plano store in Plano
Denton store in Denton
Hulen store in Fort Worth
Frisco store in Fort Worth
El Paso store in El Paso
Pearland store in Pearland
Post Oak store in Houston
Gessner store in Houston
The Fountains store in Stafford
Mills Road store in Houston
Deerbrook store in Humble
Baybrook store in Webster
The Woodlands store in Shenandoah
League City store in League City
Pasadena store in Pasadena
Cinco Ranch store in Richmond
McAllen store in McAllen
Stone Ridge Market store in San Antonio
La Plaza Del Norte store in San Antonio
Utah
Redwood store in Taylorsville
Southtowne store in Sandy
West Jordan store in West Jordan
Newgate store in Ogden
Virginia
Norfolk store in Norfolk
Hampton Roads store in Hampton
Virginia Beach store in Virginia Beach
Sterling store in Sterling
Fredericksburg store in Fredericksburg
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Source: http://www.usatoday.com/story/money/2016/03/03/sports-authority-store-closure-list/81268900/
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