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Meriden, Connecticut — The future of Eastern Mountain Sports remains murky. Back in June, Mountain Sports LLC , which owns Bob’s Stores and Eastern Mountain Sports (EMS) , filed for bankruptcy.
Eastern Mountain Sports (EMS) parent Mountain Sports, LLC’s deadline for receiving additional bids for its assets came and went last week. The Bankruptcy Court has canceled the bidding process.
In June 2024, SDI Stores filed for Chapter 11 bankruptcy protection, marking Eastern Mountain Sports' third time in bankruptcy protection. [12] The filing came after the company announced that up to 10 stores would close from both brands.
Update: Mountain Warehouse acquired the EMS brand name, seven EMS stores, the company’s website, and other assets for $10 million in a deal that closed on Sept. 2, according to a news release.
The Bob’s Stores chain and some Eastern Mountain Sports (EMS) stores are liquidating and closing this summer after they jointly declared bankruptcy in June, however the company hopes to gain court approval to continue operating some of its EMS stores.
The Eastern Mountain Sports (EMS) retail brand may survive bankruptcy after the court on Wednesday approved a $5 million stalking horse bid from U.K.-based Mountain Warehouse for some of the remaining stores.
[Update as of Sept. 4, 2024] UK retailer Mountain Warehouse has been approved to acquire seven Eastern Mountain Sports (EMS) stores after no other offers followed the chain’s August 2023 $5 million stalking horse bid, multiple sources report. The stores will continue to operate under the EMS banner.