Sports Authority closing all stores; four are in Mich.
New York — Sports Authority, which filed for bankruptcy protection three months ago, is shuttering all 460 of its stores after it was unable to adapt to consumers’ move online.
The sports retailer had originally only planned to close about 140 stores, but in a court document this week it outlined plans to shutter all of them. The chain has four locations in Michigan: Fairlane Mall in Dearborn, Gratiot in Clinton Township, Pirates Plaza in Flint and Great Lakes Crossing in Auburn Hills.
The Englewood, Colorado-based company said it will start discounting sneakers, clothing and other goods next week until the end of August.
Sports Authority’s decline came as shoppers are increasingly more likely now to head online than to their local mall. Mall staples Aeropostale and Pacific Sunwear have also filed for bankruptcy protection this year.
The company told the bankruptcy court that it plans to sell its store leases in an upcoming auction.
As of March, it had about 14,500 employees.
A representative for privately held Sports Authority declined to comment.
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