Tuesday, December 19, 2017

Sneaker mecca Sports Zone Elite files for bankruptcy protection, looks to sell

Sports Zone Elite, a Beltsville-based specialty footwear retailer with locations throughout the Maryland-D.C. region, filed for Chapter 11 bankruptcy protection Friday amid a yearlong effort to find a buyer.  The company listed between $500,000 and $1 million in assets and less than $2,566,050 in liabilities, according to the filing in U.S. Bankruptcy Court in Maryland. The petition comes after the regional shoe retailer closed more than a dozen stores this year. Its liabilities include a $1.8…



from https://www.bizjournals.com/baltimore/news/2017/12/19/sneaker-mecca-sports-zone-elite-files-for.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/168714327722

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