FLINT TWP. — The Sports Authority store, 4095 Miller Road, is closing as part of a nationwide going out of business sale.
Once one of the leading full-line sporting goods retailers, Sports Authority filed for bankruptcy protection in March, stating plans to close underperforming stores but remain in business.
By early May, the company’s assets were being auctioned to the highest bidder, according to financial reports.
A going out of business sale for all remaining stores began on Thursday, May 26 and is expected to wrap up in August. Signs are posted in the windows of the Flint Township store announcing sales discounts up to 30 percent off. At the time it announced bankruptcy, Sports Authority operated about 450 stores with about 14,500 employees.
“Sports Authority and its predecessor companies have been serving the sporting goods needs of our customers since 1919,’’ said Michael Foss, chief executive officer, in a press release announcement dated May 25. “It is with great sadness that we are intending to close all of our stores by the end of August,” he said.
Sports Authority has also announced deadlines for its customer programs. The Loyalty (rewards) Program and acceptance of store credit cards both ended May 25.
Exchanges and returns will continue through June 25. Gift cards will be honored through June 28 but are not longer being sold.
Existing warranties for merchandise purchased at a Sports Authority store or on SportsAuthority.com remain in effect, and Asurion will continue covering all products purchased under the extended service plans without change or interruption. For more information, please visit www.asurion.com/ecp, or call tollfree at 1-866-882-8512.
Sports Authority was among the original anchors in the Pirates Plaza shopping center, which was built in the late 1990s.
Since then, two anchors also closed after filing bankruptcy – Circuit City electronics store in 2009 and Borders bookstore in 2011.
Circuit City was subdivided into three new stores – Ulta Cosmetics, And That!, a home-goods discounter and Five Below, a deep discounter. A DSW shoe store moved into the former Border’s space last year, restoring the plaza to 100 percent full occupancy.