Posted by admin on July 21, 2017
business sales start Thursday Bankruptcy nike id Court in Delaware. The sales will end by Aug. 31. We sincerely thank our loyal customers for supporting our company over the years and encourage them to shop early for tremendous values nike sb free run 2 on their favorite sporting good products." The order finalizes last week's bid by Hilco Merchant Resources, Gordon Brothers Retail Partners and Tiger Capital Group for the bankrupt sporting goods retailer's inventory. The liquidators agreed to pay between $368 million and $393 million plus a $1.8 million augment guarantee, court records show. Although remaining assets such as nike factory store store leases and trademarks are slated to be auctioned in June and determinations have yet to be made in contracts such as its naming rights agreement at Mile High Stadium in Denver, Tuesday's order effectively is the death knell for a retailer with nearly a century of roots in Denver, where Gart Sports opened its doors in 1928. Management said the company's ability to adapt was hindered by a store base consisting of a hodgepodge of too close together stores ranging widely in size and feel.