Sports Authority closing, to have 'going out of business' sales

Retailer Sports Authority will begin liquidation sales at all its stores next week after failing to find a buyer that would keep the chain alive, according to published reports.

The chain, which has 10 locations in metro Atlanta, hinted earlier this month that it may close for good, but left a little hope that bankruptcy proceeding could give it a second life.

But a story from the Denver Business Journal said the winning bid for the company’s assets were liquidators that plan to sell the company’s merchandise in going out of business sales, expected to start as early as May 25.

Colorado-based Sports Authority joins a growing list of big box retailers that have struggled because of online shopping and changing consumer spending habits.

Others struggling include Kmart, Kohl’s, Sears, Macy’s, Target and Best Buy.

According to the chain’s website, metro Atlanta Sports Authority locations include:

Fulton County:

7461 N Point Pkwy, Mansell Crossing, Alpharetta

3221 Peachtree Rd NE, southwest of Lenox Square Mall, Atlanta

Cobb County:

2963 Cobb Pkwy, Akers Mill Square

850 Cobb Place Blvd NW, Cobb Place, Kennesaw

Gwinnett County:

1705 Mall of Georgia Blvd, Buford

3450 Steve Reynolds Blvd, Ste 200, Duluth

DeKalb County:

3200 Northlake Pkwy NE, North Lake Mall, Atlanta

1155 Mount Vernon Hwy, Ste 500, Atlanta

Paulding County:

4471 Jimmy Lee Smith Pkwy, Ste B, Hiram

Rockdale County:

2209 Highway 20 SE, Conyers Crossing, Conyers