By CASSIE SLANA
(WARRENSBURG, Mo., digitalBURG) — MC Sports has filed for Chapter 11 bankruptcy.
The company announced its bankruptcy Tuesday, Feb. 14, in a news release. The company plans to begin liquidating all 68 stores immediately, according to the news release.
“After a valiant and concerted effort by MC Sports’ associates, vendors, landlords and outside professionals to restructure the company’s balance sheet and operating performance, the company was unable to reach an agreement on a viable out of court proposal,” Bruce Ullery, MC Sports President and CEO, said in the news release.
MC Sports is a retail sporting goods chain that operates stores in seven states throughout the Midwest. The company recently built a new store next to the Carmike theater in Warrensburg. There is no confirmation yet about the date of closing for the Warrensburg store.
Ron Summers, store manager, said the store is still waiting on information from corporate in regards to a closing date. The press release did not specify a timeframe of the company’s liquidation process.
MC Sports has yet to respond to emails sent by the Muleskinner requesting a comment.