Sports Authority is closing its Nicollet Mall store less than a year after opening the high-profile location.
The Colorado-based company, once the nation’s largest sporting goods retailer, is closing all of its remaining stores. Sports Authority filed bankruptcy in March, saying then that it would only close 140 of its 450 stores, but it could not find a buyer for the remaining stores, CNN Money reported.
In a letter to customers, CEO Michael Foss said they expect to close all stores by the end of August. Remaining stores will offer closing sales.
“Sports Authority and its predecessor companies have been serving the sporting goods needs of our customers since 1919,” he said in a statement. “On behalf of the entire Sports Authority team, I would like to express our sincere appreciation to our customers for their years of loyalty. It has been a pleasure to serve you and your family.”
Closing sales have already begun in the store in City Center. The approximately 22,000-square-foot store, located at Nicollet & 7th, opened last fall.
The retailer also has locations in Burnsville, Coon Rapids, Eden Prairie, Maple Grove, Richfield, Roseville and Woodbury.
Sports Authority also has a going-out-of-business sale on its website at sportsauthority.com.