Thursday, March 17, 2016

Sports Authority Plays Hardball in Suits Against Suppliers

Image result for sports authority store Sports Authority Inc. is playing hardball with suppliers, filing lawsuits against more than 160 of them just weeks after it sought bankruptcy protection for its chain of ailing stores.

Suppliers are striking back, fighting the beleaguered company over goods they placed with it for sale under consignment arrangements. At stake is $85 million worth of shoes and other gear on the shelves of the insolvent retailing operation, which filed for chapter 11 protection earlier this month.. . . more

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