If you’ve been waiting for that next big sale to pick up that new bike, camping supplies for the summer or the trampoline you’ve been promising the kids, you are in luck.
Sports Authority is starting to hang “Closing Sale” signs outside its stores this week, advertising the fire sale of its remaining stock, according to bankruptcy documents filed in Delaware court Tuesday.
The going-out-of-business sale was approved to run through the end of August.
The sale started Wednesday at Wayne, Cherry Hill, Piscataway and East Brunswick locations, with their ads online boasting 40 to 50 percent off everything.
Big N.J. stores that filed for bankruptcy
Sports Authority previously hoped to sell or close 140 of its locations, according to an email from the CEO Michael Foss, while re-organizing the company under Chapter 11 protections with its remaining 323 locations.
However, after failing to find a buyer, the brick-and-mortar chain decided to close the doors on all of its 463 stores.
The retailer ended its equipment service plans and warranties Monday, according to an email from Foss to customers.
Gift cards and returns will be allowed through June 28, Foss said. Store credit cards are also still valid, though new applications will not be accepted.
Other stores will apparently kick off the closing down sale Thursday, according to sales associates, including locations in Brick, Cherry Hill, Clifton, , East Hanover, Flemington, Hazlet,, Ledgewood, Manalapan, Mays Landing, Mount Laurel, Paramus, Ramsey, Riverdale, Secaucus, Sewell, Springfield and West Long Branch.
Craig McCarthy may be reached at CMcCarthy@njadvancemedia.com. Follow him on Twitter @createcraig. Find NJ.com on Facebook.
