![]() Three weeks ago, though, Sports Authority decided to liquidate instead of restructure a spokesperson told Racked it was "pursuing a sale of some or all of the business." On Monday, the sports giant began auctioning off its assets. Sports Authority is in liquidation mode as of this month. He said the company would use its new status to "streamline and strengthen our business both operationally and financially." Citing "the changing dynamics in the retail industry," CEO Michael Foss announced the company would close 140 locations - a third of the company's 450 stores - as well as two distribution centers. In early March, the 29-year-old sporting goods retailer revealed it has almost $1.1 billion in debt and filed for Chapter 11 bankruptcy protection. Hermina isn't the only once-devoted shopper eschewing her favorite childhood store in favor of other options, judging by Sports Authority's current status. "Sports Authority always had older styles, and its prices are more or less the same as a Nike outlet, so I'm more likely to shop where I have more options from the brand." These days, when she's looking for workout gear and sporty clothes, Hermina finds herself at brand stores. For training, both on and off the field, we subscribed to the idea of ‘look good, feel good, play good,' and we were always buying things for the new season." My dad was our soccer coach, and he had coach coupons to Sports Authority, so I loved shopping there. We even had a phase where everyone was wearing these white spandex Under Armour shorts underneath our regular shorts. "We wore sweats, track pants, you name it. "Sports apparel was really cool," the 23-year-old Columbia University graduate student recalls. You can also see what we’re up to by signing up here. The archives will remain available here for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. Thank you to everyone who read our work over the years. ![]()
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