Retailer liquidating all stores
A Grand Rapids-based retailer is liquidating $110 million worth of goods.
MC Sports, which filed Chapter 11 bankruptcy this week, said today it will close all 66 of its stores in seven states and liquidate all of its assets.
A range of sporting and outdoor goods are on sale: team sports equipment, clothes, shoes, hunting, fishing, camping, kayaks, treadmills and “much more.”
Items from a variety of “top-name brands,” such as Nike, Under Armour and Coleman, are part of the sale.
MC Sports, founded in 1946, has 24 stores in Michigan, 11 in Ohio, eight in Illinois, seven in Indiana, seven in Wisconsin, five in Missouri and four in Iowa.
"We are witnessing a unique era of consolidation in sporting goods retailing, due in part to the rapid growth of ecommerce," said Michael McGrail, COO, Tiger Capital Group. "But stabilization is an inevitability. Chain-wide store-closure events such as this won't continue forever in sporting goods."