An article on the panic in the retail industry set off by Sports Authority's bankruptcy.
Yesterday was the last day Sports Authority in Hilo was open. I happened to be at the Plaza around noon, so I checked it out. Signs announcing merchandise was now 90% Off, but hardly anything was left. The store itself was almost completely empty. Not even shelves. Whether people were loading up at these rock-bottom prices or it was a liquidator who already removed merchandise is anyone's guess. I asked a saleswoman what time the store closed. She said seven p.m. Then I left.
The space could be filled again soon, if a Dick's Sporting Goods or a similar-sized outfit comes to the Plaza. More likely, it will stand empty, maybe for years, the way it did when Woolworth's closed in the early `90s.
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It's not that Sports Authority wasn't popular in Hilo, it was. But the Sports Authority bankruptcy means all of its stores nationwide will close.
Pacific Business News: Sports Authority to Close All of Its Hawaii Stores.
Showing posts with label The Sports Authority. Show all posts
Showing posts with label The Sports Authority. Show all posts
Friday, July 29, 2016
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