Wednesday, March 2, 2016

Sports Authority Inc. files bankruptcy, plans to shut down 140 stores this year

Sports Authority Inc. lost its bid to remain in the retail game without a dramatic restructuring as the company filed for Chapter 11 bankruptcyprotection Wednesday.
The retailer — owned by Los Angeles-based private equity firm Leonard Green & Partners — said it would seek to sell or close ab...
Sports Authority Inc. files bankruptcy, plans to shut down 140 stores this year

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