Gander Mountain liquidating assets at Albemarle store


When it announced its initial bankruptcy plan Gander said it was prepared to close stores nationwide including 10 in Texas.

Simultaneously, a group of liquidators was chosen as the winning bidder to be retained as the agent for Gander Mountain to conduct liquidation sales at substantially all of Gander Mountain's existing stores.

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The Hermantown store was not the only Gander Mountain location where there was confusion Thursday.

Marcus Lemonis, Chairman and CEO of Camping World, stated, "The Gander Mountain and Overton customer and their affinity to the outdoor lifestyle are the flawless complement to our Camping World business".

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In a conference call to discuss earnings, Camping World Chairman and CEO Marcus Lemonis highlighted what he called a barrage of management mistakes from Gander Mountain that he referred to as "stupid". He said in a press release last week that he plans to keep at least 17 out of the more than 100 locations.

In March 2017, Gander Mountain had announced it would be closing 32 stores nationwide, but none were in MI.

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Camping World Holdings Inc. acquired certain assets of Gander Mountain Company and its company Overton's Inc., a boating accessory and watersports retailer, for about $38 million after Gander Mountain filed for Chapter 11 bankruptcy in March.