Sports Authority to Liquidate Stores Starting Thursday

(Gillette, Wyo.) All 463 Sports Authority store locations are expected to close after failing to find a bidder in a bankruptcy auction last month, according to court documents . This includes the Gillette location in the Powder Basin Shopping Center on Douglas Highway. Sports Authority announced that they would only close 140 store locations in early March after the company was reportedly $1.1 billion in debt. However, reorganizing under bankruptcy protection was no longer an option and the company auctioned itself off, according to national reports. As of Tuesday afternoon, no 'store closing' signs are up, but close-out sales at all Sports Authority stores are expected to start Thursday, May 26th, and go no later than August 31. Managers at the Gillette location have yet to receive word from the company handling liquidation sales. The store will be losing a handful of jobs as a result of the closing. #county17 #news