Thursday, February 16, 2017

Gander Mountain Goes BK

Well isn't this a fine kettle of fish.

St. Paul, Minnesota-based Gander Mountain Co. is currently in the process of filing for bankruptcy. The company is working with a financial advisory firm, Lighthouse Management Group, to file bankruptcy as early as this month.

The financial decision comes after Gander Mountain attempted an aggressive expansion of its stores but failed to attract new customers. To date, the sporting goods chain has roughly 160 stores, 60 of which have opened since 2012....

May be headquartered in St Paul now, but it started in SE Wisconsin.  It is privately held by its chairman and a company also involved with Holiday gas stations (!!)

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