Sports Authority is reportedly considering closing all its stores nationwide, including 10 in metro Atlanta.
The athletic chain in March announced its intention to file Chapter 11 bankruptcy and at the time only planned to close 140 stores.
But a recent Forbes report said the Colorado-based company is preparing to go further.
“Most of the company’s assets will go up for auction May 16,” Forbes said in its report. “While buyers could emerge who would keep the doors open in at least some locations, it’s possible that all 450 stores could be liquidated.”
Sports Authority is struggling with more than $1 billion in liabilities and assets valued between $500,000 and $1 billion.
According to the chain's website, these are the metro Atlanta Sports Authority locations that could be affected:
7461 N Point Pkwy
3221 Peachtree Rd NE
SW of Lenox Square Mall
2963 Cobb Pkwy
Akers Mill Square
850 Cobb Place Blvd NW
1705 Mall of Georgia Blvd
3450 Steve Reynolds Blvd
3200 Northlake Pkwy NE
North Lake Mall
1155 Mount Vernon Hwy
4471 Jimmy Lee Smith Pkwy
Ste B – Hiram
2209 Highway 20 SE
Staff writer Stephanie Toone contributed to this report.
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