Last week, it was reported Sports Authority would likely close some or all of its stores in Arizona as the sporting goods giant goes through bankruptcy.
This week, it was confirmed that at least seven will close.
The Wall Street Journal reported Wednesday that the following Phoenix-area stores will close their doors for good:
- 7360 W. Bell Road, Glendale
- 1812 W. Eighth Street, Mesa
- 4820 E Ray Road, Phoenix
- 1004 N. Promenade Parkway, Casa Grande
A list of closing stores released by Sports Authority on Thursday confirmed the above closures and several others in Arizona:
- 7160 E. Broadway Boulevard, Tucson
- 5185 S. Calle Santa Cruz, Tucson
- 4225 N. Oracle Road, Tucson
Prior to the closures, Sports Authority had 17 Arizona locations.
It is unclear when the stores will close, as Sports Authority is expected to file for Chapter 11 bankruptcy as early as March, according to a report from Reuters.
Englewood, Colorado-based Sports Authority missed a Feb. 14 deadline to pay $20 million in interest on a $343 million loan, and in January, the company laid off nearly 100 people at its corporate office.
In addition to laying off employees, the company may also be laying off the naming rights of the Denver Broncos’ stadium. Sports Authority pays roughly $6 million a year for the stadium to be called Sports Authority Field at Mile High.
- Three Phoenix-area Z’Tejas locations to shut down due to performance
- Standalone Los Dos Molinos in Phoenix files for bankruptcy
- Payless ShoeSource will close 7 of its Arizona stores
- What a play: Puppies predict Super Bowl 50 winner on ‘Tonight Show’
- Bring out the grub: Buffalo chicken dip ranks as Arizona’s favorite Super Bowl food