Dicks Sporting Goods rival is closing 59 stores across 23 states after bankruptcy

Hook, line and sinker — a massive outdoor retailer is shutting down nearly 60 locations.The Dick’s Sporting Goods rival, West Marine, recently announced that 59 stores will close down.Doomed Florida-based retailer — known for its expansive boating, fishing, sailing and watersports supplies — is closing shortly after filing for Chapter 11 bankruptcy in May.“West Marine is closing select retail locations as part of its ongoing Chapter 11 restructuring.This decision reflects our effort to align our store footprint with our current business needs, while continuing to evaluate our portfolio in coordination with landlords,” a chain’s spokesperson told The Post.“We are committed to supporting affected Crew Members through this transition and will continue serving our customers at remaining locations, as well as online and through our West Marine Pro App,” they added.The nation’s largest outdoor spot has been struggling to stay afloat since 2023 as court documents show debt grew into double-digit millions stemming from long-term leases.“[These leases] have depleted liquidity and proved an insurmountable obstacle that could not be adequately addressed absent this chapter 11 filing,” West Marine wrote in the bankruptcy document.Plus, boating is expensive and consumers just don’t have to cash to make huge purchases — not to mention rising diesel prices.Despite closing dozens of spots, the struggling chain claims it’s “stocked and ready to help with everything you need to get back on the water,” according to its website.

And they’re right.The unfortunate closures do bring some pretty great sales for shoppers.A West Marine in Spokane revealed liquidation will start at up to 40% and continue through September with “with savings expected to increase weekly.”While the floundering chain didn’t reveal the dates each retailer is closing, it did provide a list of the stores shutting.The Post put together the full list of shutters with their a...

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Publisher: New York Post

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