Sports Authority filed for Chapter 11 bankruptcy protection early Wednesday and will close or sell about 140 stores and two distribution centers, including several Chicagoland locations.
The Englewood, Colo.-based sporting goods chain has 463 stores in 41 states and Puerto Rico. The store closings are expected to take up to three months. Closing sales could begin as soon as Thursday.
Sports Authority will seek to close or sell several Chicago-area stores, including its locations at Water Tower Place, as well as in Calumet City, Matteson and Northbrook, the Wall Street Journal