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Article Date: May 2017
Word Count: 463

Camping World Buys A Few Gander Stores; Most of Chain To Be Liquidated


The bankruptcy auction did produce a going concern bid of sorts, but the commitment by Camping World was to keep open only 17 of the 160 remaining stores along with the Gander name. The stalking horse bidders, Hilco and Gordon Bros., will conduct GOB sales at all the stores and Camping World said that as many as 70 stores could remain open depending on negotiations with landlords. Camping World will stock to go-forward stores with fresh inventory. The final bid was for $390 million by the liquidators for the inventory. Camping World is contributing $37.8 million in the joint bid ... Log in to view full article.

 


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