Business & Tech

Bayshore Sports Authority to Close

Company faces bankruptcy, is planning nationwide sell-off.

GLENDALE — Sports Authority will close all of its more than 450 locations, including 3 in the metro Milwaukee area, according to multiple reports. The sports retailer filed for Chapter 11 in March and is carrying over $1 billion in debt, reports Forbes, and has decided to liquidate all assets and pursue a sale.

Here are the stores that are scheduled to close:

Brookfield

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16220 W Bluemound Rd

Brookfield , WI 53005

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Phone: (262) 860-0900

Bayshore

5850 North Bayshore Dr

Glendale , WI 53217

Phone: (414) 967-4764

Greenfield

5070 S 74th St

Greenfield Place

Greenfield , WI 53220

Phone: (414) 282-2300

There is no word on when the stores will be shuttering, but customers can expect heavy discounts in the near future on everything from team apparel to sports equipment.

Sports Authority faces stiff competition from other major retailers such as Dick's Sporting Goods among others.

The company said earlier this year that it had missed a $20 million debt payment. A $300 million payment is due in May 2017, according to BusinessInsider.com.

Sports Authority is headquartered in Englewood, CO, and has stores in 41 states. Its first location was opened in 1987 in Lauderdale Lakes, FL.

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