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Sports Authority to Close, Going-out-of-business sales to begin

SportsAuthority

May 19, 2016 By Michael Florio

Sports Authority is closing all of its 450-plus stores across the United States including its Northern Boulevard location, according to court filings.

The Colorado-based company, which was once the largest sporting goods store chain in the country with stores in 41 states and Puerto Rico, is liquidating all of its locations, according to court filings.

The company had filed for Chapter 11 bankruptcy protection in March with the intention to restructure and remain viable.

At the time, the company said its 51-30 Northern Blvd would remain open despite 140 other stores facing closure. It’s other Queens location at 73-25 Woodhaven Blvd. in Glendale was also expected to continue to operate.

However, Sports Authority has abandoned its hopes of restructuring.

The stores are expected to be offering going-out-of-business sales next week.

“We are open now,” a manager of the Northern Blvd location said over the phone.

He could not comment on the future of the store.

Sports Authority’s corporate office would not provide comment.

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5 Comments

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juan

It is hard for places like this to continue to operate with on line shopping. Tear it down and building some Affordable Housing!

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JTR

It’s so sad, but I’m guilty of purchasing from Amazon. But even Amazon has changed their shipping charges… Yes affordable pricing. Astoria is way over priced and very crowded.

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Guy 47

Unfortunately once the hedge fund guys got control of the company they loaded it with debt and cashed out, leaving the little guys holding the (empty) bag.

I hope the employees find good jobs elsewhere.

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