Sports Authority Files for Bankruptcy With Plan to Slim Down
Sports Authority Files for Bankruptcy With Plan to Slim Down
Sports Authority Inc. filed for bankruptcy protection with a plan to slim down after missing out on the fitness boom that’s been a rare bright spot in retail.
The company said Wednesday that it will close as many as 140 of its 463 stores while trying to preserve $124 million in tax deductions.
Sports Authority has fallen far since […]