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On October 21, 2015, parent company The Bon-Ton announced that it would close the Elder-Beerman in the mall in January 2016. [7] MC Sports closed in 2017 due to bankruptcy. [8] On May 31, 2018, Sears announced that its store would also be closing in as part of a plan to close 78 stores nationwide. The store closed on September 2, 2018. [9]
On April 20, 2017, Business Insider reported that the company was "quietly closing" more stores than it had initially announced and compiled a list of ten additional Sears and Kmart locations that were closing. [268] On April 22, Sears also announced plans to close 50 of its auto centers and 92 pharmacies within Kmart locations. [269]
MC Sports – filed for bankruptcy and closed in 2017; Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores. At the time of the announcement, Modell's was the world's oldest sporting goods chain
Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on costs by closing locations. Here are some of the most notable bankruptcies of 2024 ...
The company eventually expanded into athletic footwear, apparel and sports equipment, and its direct-mail catalog became a ’90s must-have for sneakerheads. ... The 10 Best Cash Back Credit Cards ...
Retail companies specializing in outdoor recreation and sports equipment and based in the United States. Subcategories This category has the following 2 subcategories, out of 2 total.
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LGR's sister company, Plaza Properties, is expected to demolish the mall before the end of Spring 2020. The former JCPenney store was used for community events hosted by the mall, including about six gun shows per year, which have now moved to the former Sears building. The property is under 24-hour surveillance by on-site security.