Sports Authority will close all of its 450-plus stores across the United States after it was unable to secure a buyer, according to a new court filing.
The liquidation includes dozens of stores in California. As of last month, the retailer had 76 stores in the state, according to its website.
The Colorado-based company, which was once the largest sporting goods store chain in the country with stores in 41 states and Puerto Rico, filed for Chapter 11 bankruptcy protection in March with the intention to restructure.
As part of that restructuring, the company announced it would close 140 stores. But the retailer was unable to reach...