City Sports begins liquidation process

Specialty athletic retailer City Sports never found its footing and, despite bringing in a veteran retailer to lead the 18-store operation, it has commenced going-out-of-business sales.



Gordon Brothers Group & Hilco Merchant Resources are managing the going-out-of-business process, which began Nov.6 at City Sports’ 18 stores in the Maryland, Massachusetts, New York, Pennsylvania, Virginia and Washington, D.C.



City Sports has operated for three decades and earlier this year it appeared the company was on the cusp of a new growth phase when board member and veteran retailer Marty Hanaka was named CEO. The opposite proved to be the case when shortly after Hanaka arrived in July City Sports filed for bankruptcy.



“On behalf of all of us at City Sports, I would like to thank our loyal customers and talented and dedicated employees for a rewarding 30 years,” Hanaka said in a press release issued by Gordon Brothers and Hilco. “Although we are closing our doors, we hope our shoppers will use this opportunity to purchase items they love and continue to enjoy the active lifestyle we have always promoted at City Sports.”