Will Sports Authority Close All 450 Of Its Stores?

LOS ANGELES (CBSLA.com) — Sports Authority may close all 450 of its stores.

This comes after the sporting goods store indicated in March it would be closing 140 stores across the U.S. and two distribution centers after filing for bankruptcy protection.

The company has since notified the U.S. Bankruptcy Court it would pursue a sale rather than re-organize, according to Forbes.com, which reported that all of its stores could be liquidated.

An auction for the company is scheduled for two weeks, Forbes.com reported.

Earlier this month, Sport Chalet announced it would close all of its stores in coming weeks and had already stopped selling goods online.