Popular sporting goods store chain files Chapter 11 bankruptcy

The sporting goods retail manufacture has suffered dozens of store closings successful 2026, contempt the manufacture reporting an wide summation successful wholesale income of 3.7% to $130 cardinal successful 2025, according to a 2026 Manufacturer's Sales by Category Report from the Sports & Fitness Industry Association.

Specialized sporting goods retailers, specified arsenic bicycle retailer Lynskey Performance Products and paddle sports instrumentality retailer Gamma Sports, filed for bankruptcy successful 2026 aft facing fierce contention from nationalist and determination sporting goods chains similar Dick's Sporting Goods.

And present specialty sporting goods retail concatenation 303 Boards filed for Chapter 11 bankruptcy extortion aft closing 1 of its stores successful Boulder, Colo., successful May, according to Bankruptcy Observer.

303 Boards files for bankruptcy

The Denver-based retail chain's affiliate, 303 The Hill Ltd., filed its Subchapter V petition successful the U.S. Bankruptcy Court for the District of Colorado connected June 18, listing implicit $85,000 successful assets and implicit $705,000 successful debts, according to tribunal papers.

The debtor's largest creditors see Shopify Capital, owed implicit $219,000 successful secured debt, and $191,000 successful unsecured recognition debt; PNC Bank, owed implicit $119,000 successful unsecured debt; and Fenix Capital Funding, owed implicit $51,000 successful secured debt.

303 Boards opened successful 1997

303 Boards, which was established successful 1997, features skateboards, accessories, sneakers, apparel and gear, successful its 2 remaining stores astatine 1338 East Colfax Ave. and 1288 South Broadway successful Denver. The concatenation successful May revealed connected Instagram that it was closing its Boulder determination astatine 1138 13th Street aft operating for 7 years, according to Shredder.

The skateboards and sporting goods store besides has online buying done its e-commerce level connected its website, 303Boards.com.

303 Boards remaining stores

• 303 Boards, 1338 East Colfax Ave., Denver.

• 303 Boards, 1288 South Broadway, Denver.

• 303 Boards determination astatine 1138 13th Street successful Boulder, Colo., closed successful May

• Source: 303 Boards.

"We are unluckily closing our Boulder determination aft 7 large years," Sam Schuman, president of 303 Boards, said successful a statement. "As firm America takes implicit and the system gets harder and harder to navigate, we each request to effort and enactment our section and tiny businesses earlier they each disappear."

While 303 Boards's concern struggled successful its contention with larger nationalist and determination sporting goods store chains, based connected Schuman's plea for consumers to enactment smaller section businesses, the wide skate and surf manufacture showed income maturation implicit the past six years.