Sports Authority on topic
Sports Authority, Inc. (formerly The Sports Authority) was a sports retailer in the United States that was headquartered in Englewood, Colorado. At its peak, Sports Authority operated more than 460 stores in 45 U.S. states and Puerto Rico. The company's website was on the GSI Commerce platform and supported the retail stores as well as other multi-channel programs. A joint venture with ÆON Co., Ltd., operates "Sports Authority" stores in Japan under a licensing agreement. On March 2, 2016, Sports Authority filed for Chapter 11 Bankruptcy. On May 18, 2016, the company's stores were sold to a group of liquidators and on May 25, CEO Michael Foss announced that all of the stores would close by the end of August 2016. On June 30, 2016, Dick's Sporting Goods won the auction for Sports Authority's brand name and intellectual property. On July 15, 2016, the online store closed operations, redirecting users to the Dick's Sporting Goods website. On July 21, 2016, the purchase of Sports Authority's intellectual property by rival Dick's Sporting Goods was approved.