Bankruptcy

Gander Mountain
Gander Mountain
Back in March when Gander Mountain announced it had filed for bankruptcy protection under Chapter 11, the St. Paul, Minnesota-based company said it was closing 32 stores, but 130 would remain open.  As part of the plan, the company was put up for sale.
5 WNY Stores Closing
5 WNY Stores Closing
Just add another retailer to the list. Payless Shoes has filed for Chapter 11 bankruptcy protection. In this announcement a few things changed from their previous announcement that involved closing 1,000 stores. This announcement came with a restructuring plan that involves only closing 400 stores, those stores being the most underperforming store in the U...