Sports Authority Likely To Close All 463 Stores, Include One In Norwalk

NORWALK, Conn. — Sports Authority, which had already announced the closure of many of its stores as it entered bankruptcy, is now expected to close all of its more than 450 locations, according to Forbes.

Retail athletic gear purveyor Sports Authority may be shuttering all of its stores.
Photo Credit: *Wikipedia*

Daily Voice

05/02/2016 2:29 p.m.

The sports retailer, which filed for Chapter 11 in March with over $1 billion in debt, has decided to liquidate all assets and pursue a sale, Forbes said.

In March, Sports Authority announced it would close its stores in Bridgeport and Danbury. If it goes the liquidation route, the Norwalk would also close.

Merchandise is already being sold at heavy discounted prices in the stores, with deeper price cuts expected on everything from team apparel and sports equipment to athletic clothing and shoes.

Click here to read the story at the Fortune website.

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