Report: Bidder emerges for select Sports Authority stores
So far, bidding on the 464 stores of bankrupt sporting goods retailer Sports Authority has been limited. According to Reuters, Dick’s Sporting Goods has placed a bid on 17 Sports Authority stores, with other bidders only attempting to purchase single locations.
Bids for the stores ended on June 23, although late and/or altered offers may still come in. An auction will be held the week of July 4, with a bankruptcy judge approving final sale of stores. Sports Authority intellectual property is open for bidding through the evening of Monday, June 27.
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