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Outdoor retailer closing nearly 60 stores amid bankruptcy
Fox Business· 2026-06-16 11:04
"After productive discussions with key advisors, we've reached an agreement to pursue a strategic reorganization that will address our capital structure while maximizing value for all our stakeholders," West Marine said in a statement announcing the move. The company said that it has encountered headwinds from supply chain disruptions, extreme weather events and changes in consumer behavior that contributed to the financial difficulties that prompted the bankruptcy filing. DETROIT BANKRUPTCY CASE OFFICIALLY ...