“Like many retailers, Gander Mountain experienced challenging traffic patterns and shifts in consumer demand from … (the) accelerated growth of e-commerce,” the company said.
Pro Bass Shops is buying Cabela's, Eastern Outfitters filed for bankruptcy last week and Sports Authority declared bankruptcy last year and closed 300 stores, according to the Minneapolis Star Tribune.
Online stores like Amazon are driving brick and mortar retailers out of business as more and more Americans shop online.
Gander Mountain is the nation’s largest chain of outdoor specialty stores.
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