Posted October 25, 2017 8:30 am by Comments

By Tom Knighton

The closure of Gander Mountain stores throughout the nation hit the outdoor world hard. Few were pleased to see the outdoor retailer fall into bankruptcy, especially with the two largest retailers looking at merging. Now, throughout the country, vacant buildings stand empty.

But some of those empty stores will get new life in them starting next year.

The first round of re-branded Gander Mountain stores will open early next year, according to federal regulatory filings.

Camping World — the nation’s largest recreational vehicle dealer — detailed its plans in a Securities and Exchange Commission filing Monday to open the first 15-20 new Gander Outdoors locations by the end of the first quarter on March 31, 2018. Another 40-45 could open by the end of next year’s third quarter in September.

CEO Marcus Lemonis — who led the investor group that bought out Gander Mountain’s intellectual property and store leases in an April bankruptcy auction — said in August some of the new stores would open as early as next month. So far, the company has spent more $8.7 million on “pre-opening costs,” according to the filing.

“We believe to have a unique opportunity …Read the Rest

Source:: Bearing Arms

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