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Consortium Oversees Liquidation of $800MM of Merchandise at 126 Gander Mountain Stores

May 08, 2017, 07:07 AM
Filed Under: Bankruptcy

Inventory liquidation sales are now under way at all Gander Mountain store locations – offering shoppers deep discounts on top brand-name outdoor gear. The nationwide sale is being conducted by a joint venture consortium consisting of Tiger Capital Group, Great American Group, Gordon Brothers and Hilco Merchant Resources

Gander Mountain filed for Chapter 11 bankruptcy protection on March 10. The consortium prevailed in its April 28th bid to become the liquidating agent for the Gander Mountain inventory. The joint venture consortium will immediately commence the sale of Gander Mountain inventory at all Gander Mountain retail locations. 

“Since 1960, Gander Mountain has offered the most sought-after, high-performance outdoor gear at extremely compelling prices,” stated a representative of the joint venture. “This final liquidation sale presents outdoor enthusiasts with a once-in-a-lifetime opportunity to take deep discounts on this terrific gear. Many of these brands are rarely, if ever, discounted, so shoppers will want to come in early to take advantage of these sales.”

Gander Mountain, known as “America’s Firearm Supercenter,” offers extensive lines of shooting sports, hunting, fishing, camping, marine, apparel, footwear and outdoor lifestyle merchandise. Brands offered include Under Armour, Yeti, The North Face, Coleman, GoPro, Shimano, Columbia, Guide Series, GSX, Carhartt, Merrell, Keen, Rocky, New Balance, and Reebok.

Stores will continue to honor Gander Mountain gift cards until May 17, 2017. The liquidation sales will end when all merchandise has been sold. Stores participating in the liquidation event are located in Alabama, Arkansas, Colorado, Florida, Iowa, Illinois, Indiana, Kansas, Kentucky, Maryland, Michigan, Minnesota, Mississippi, North Carolina, North Dakota, New York, Ohio, Pennsylvania, Tennessee, Texas, Virginia, Wisconsin, and West Virginia. A full listing of closing locations can be found here.

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