CITY SPORTS TO CLOSE 18 REMAINING LOCATIONS
City Sports, Inc., the Boston-based specialty sporting goods retailer which filed for Chapter 11 bankruptcy protection earlier this year, has announced plans to close all 18 of its retail locations along the East Coast, having previously closed eight stores last month. The 22-year-old company is a major retailer of such lines as Nike, Asics, and Under Armour.
Gordon Brothers Group and Hilco Merchant Resources, who were awarded the store closing process by the U.S. bankruptcy court on November 5th, have also announced that the stores will begin immediate sales that will offer discounts of up to 30% on all shoes, clothing, athletic gear and accessories, and that store fixtures, furniture and equipment will also be available for sale.
“On behalf of all of us at City Sports, I would like to thank our loyal customers and talented and dedicated employees for a rewarding 30 years,” said Marty Hanaka, CEO of City Sports. “Although we are closing our doors, we hope our shoppers will use this opportunity to purchase items they love and continue to enjoy the active lifestyle we have always promoted at City Sports.”
