Sportsman's Warehouse closing stores

| | Comments (0) | Retweet

The credit crisis has impaired Sportsman's Warehouse, a regional outdoor-products retailer in the west. The company is selling 15 of its 67 stores to UFA of Canada, but UFA has not closed the sale. As a result, Sportsman's Warehouse is experiencing a liquidity crisis, and must close 23 of its remaining stores. "We are now a 29-store chain," says CEO Stu Upgaard. The store closings affect a wide swath of states from Idaho to Mississippi.

0 TrackBacks

Listed below are links to blogs that reference this entry: Sportsman's Warehouse closing stores.

TrackBack URL for this entry:

Leave a comment

Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

About this Entry

This page contains a single entry by David Wertheimer published on March 11, 2009 12:05 PM.

Fleetwood RVs bankrupt was the previous entry in this blog.

Tween shrinking is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.