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Sports Authority will liquidate operations

Sports Authority will liquidate operations

Reports this week that Sports Authority Inc., (burdened with over $1 billion in debt) is moving away from their initial strategy to reorganize in hopes of rebuilding their retail operation, and instead will simply liquidate. *What does that mean for Wyoming-based stores?* With retail locations in Jackson, Gillette and Rock Springs Sports Authority will put its remaining stores up for bid at an auction on May 16. *source: Wall Street Journal * #bootstrapped #county17 #buckrail #news