ROGERS – In the not-so-distant future, a sizable business in the shadows of the Wal-Mart Supercenter at Pleasant Crossing will close its doors.
According to a news release written by Utah-based Sportsman’s Warehouse Holdings Chairman and Corporate Executive Officer Stuart Utgaard and posted on the company Web site Tuesday, the Sportsman’s Warehouse at 4323 Pleasant Crossing Blvd. in Rogers is among a list of stores “being liquidated to reduce bank debt.”
Management at the Rogers location declined comment.
A spokesman at the company headquarters in Midvale, Utah, said the Rogers location will likely close within 30 to 60 days. The company has an average of 50 employees at each of its locations, the spokesman said.
According to the company Web site, the Sportsman’s Warehouse in Rogers is among 23 locations being liquidated, while 15 additional stores are in the process of being sold to UFA Co-operative Limited. It was announced in November 2008 that UFA, a Calgary-based company, was “poised to acquire a majority interest in Sportsman’s Warehouse, increasing the cooperative’s annual revenue by $800 million.”
“It is hoped that these actions will enable the firm to go forward as a viable entity with approximately 2,300 employees,” Utgaard said in the release.
Sportsman’s Warehouse bills itself as “America’s Premier Outfitter,” stocking full lines of hunting, fishing and camping gear and equipment.
via Daily Record