MILWAUKEE — A sporting goods chain that has already filed for bankruptcy reorganization may be closing more stores than initially expected.Many of Gander Mountain’s 160 stores appear destined for closing, and the guns, camping gear and other inventory in the stores will be liquidated, under a plan filed in bankruptcy court.When the chain, based in St. Paul, Minn., filed for bankruptcy in March, it said it would shut 32 stores in 11 states over the next several weeks. The stores employed 1,280 full time and part-time workers. Now those numbers could go higher. Is your local store on the list of 32 store Gander Mountain is closing? Camping World Holdings, which operates a network of stores catering to recreational vehicle owners, said Monday that it has won a bankruptcy auction of Gander Mountain’s assets.The deal requires Camping World to assume the leases on just 17 Gander Mountain stores, and gives it the right to assign others.The Wall Street Journal quoted Camping World CEO Marcus Lemonis as saying that at least half of the existing Gander Mountain stores won’t survive.Based in St. Paul, Minn., Gander Mountain started in Kenosha County in 1960 as a catalog retailer. The firm went through bankruptcy in the… Read full this story
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