REBusinessOnline

Sports Authority to Close All Stores

ENGLEWOOD, COLO. — Englewood-based Sports Authority Inc. has announced that it will close the doors to all 463 of its locations by the end of August.

The company filed for Chapter 11 bankruptcy protection in March, with plans to close only 140 of its locations. Liquidation sales will be held in all stores, with exchanges and returns available through June 25. Bloomberg News has reported that Sports Authority is in talks with Pittsburgh-based rival chain Dick’s (NYSE: DKS), as well as other parties, regarding the sale of stores and intellectual property.

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