Sports Authority Files for Bankruptcy With Plan to Slim Down

Updated on
  • Chain wrestled with debt as Dick’s rode retail fitness boom
  • Company says it will close 140 stores over next three months

Sports Authority and the Unwind of Traditional Retail

Sports Authority Inc. filed for bankruptcy protection with a plan to slim down after missing out on the fitness boom that’s been a rare bright spot in retail. 

To continue reading this article you must be a Bloomberg Professional Service Subscriber.