Noting immediate issues for meeting financial obligations, Michigan-based sporting goods retailer MC Sports this week announced it’s filing for Chapter 11 bankruptcy protection.
The chain, headquartered in Grand Rapids, recently has operated 68 retail locations, including sites in Petoskey and Gaylord. While noting plans for liquidation sales at all of the chain’s stores, a press release said the company also will investigate options that might allow its business to survive in some form.
After a valiant and concerted effort by MC Sports associates, vendors, landlords and outside professionals to restruct…
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