Gander Outdoors releases new list of surviving stores
By Christen Smith
Gander Outdoors — formerly known as Gander Mountain — released a tentative list of surviving stores over the weekend.
Marcus Lemonis, the company’s new CEO, cautioned his Twitter followers the list isn’t final, but is the most comprehensive update of which stores would make the cut since last month.
The full list can be viewed here.
Gander Mountain filed for Chapter 11 bankruptcy protections in Minnesota court on March 10, indicating its intention to shutter 32 stores in 11 states and liquidate more than $500 million worth of assets.
Camping World, the nation’s largest recreational vehicle dealer, led the investor group that bought out $390 million worth of Gander Mountain assets, including its Overtons boating business, during an April 28 auction. Lemonis said a separate liquidation company bought the store inventory currently on sale across the country.
In the days following the auction, Lemonis changed the company’s name to Gander Outdoors. He’s released the latest updates on store closures and changes for the brand via his Twitter account.
“My goal is to open at least 70, remain and keep them operating as Gander Mountain, potentially add an Overton’s boating or Camping World to them, and run them and run a good business,” he said last month.