Sports Authority Closing Stores Amid $1 Billion Debt

MINNEAPOLIS (WCCO) -- It's game over for Sports Authority. The sporting goods retailer is closing all 450 of its stores, and 10 of them are in Minnesota.

The company filed for Chapter 11 bankruptcy protection in March. It indicated then it would close 140 stores and two distribution centers.

Sports Authority is carrying just more than $1 billion in debt. It notified the u-s bankruptcy court it would not reorganize, and pursue a sale instead.

Sports Authority will liquidate all stores and close down operations in the months ahead.

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