I just got automated email advising that Sports Authority has filed for Chapter 11. Email also mentioned that they identified 140 stores that will be closed.
If I'm the typical Sports Authority customer, I can see why they'd need to do this. I'm a regular customer/visitor to their stores, but my purchases are for small amounts. Coincidentally, I was there last night and the store was seemingly empty of customers.
I live near a very large shopping area (Paramus, NJ). There are 2 Sports Authority stores some 2 miles apart, but that is not unusual here for other chain stores as well. I suspect they'll close one of them.
If I'm the typical Sports Authority customer, I can see why they'd need to do this. I'm a regular customer/visitor to their stores, but my purchases are for small amounts. Coincidentally, I was there last night and the store was seemingly empty of customers.
I live near a very large shopping area (Paramus, NJ). There are 2 Sports Authority stores some 2 miles apart, but that is not unusual here for other chain stores as well. I suspect they'll close one of them.