dglobalnews.com Waukesha Gander Mountain will remain open despite bankruptcy
Published: Sun, March 12, 2017
Markets | By Armando Jensen

Waukesha Gander Mountain will remain open despite bankruptcy

Waukesha Gander Mountain will remain open despite bankruptcy

Gander Mountain plans to solicit bids prior to an auction planned for late April.

Those at stores that will be closing may be considered for jobs elsewhere within the company, according to the Gander Mountain's statement.

The company is closing 32 stores in all. However, company spokesperson Jess Myers confirmed Friday the Amarillo store plans to stay open for the foreseeable future.

Gander Mountain first opened at the Southridge location in 2006. Five of Bass Pro Shops' six Texas stores are located near Houston, Dallas or San Antonio, with the other one nested in the state's southern tip in Harlingen. Reuters reported almost a month ago that Gander Mountain was close to filing Chapter 11 bankruptcy. Eastern Outfitters, owned by Eastern Mountain Sports, filed for bankruptcy last week. The closing is expected to take place over the next few months.

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The company said Friday it expects to conduct normal business operations during its restructuring.

The Chapter 11 filing, the release stated, followed an in-depth review of the company's strategic options in the wake of "challenging traffic patterns", competition from direct-to-consumer sales by vendors and the growth of e-commerce.

Gander Mountain operates four stores in southwestern Pennsylvania - in Johnstown, Washington, Monroeville and Greensburg. A statement from the company said that its stores typically employ 20-30 full time workers and another 20-30 on a part time or seasonal basis.

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