These companies are closing locations in 2020 | Finance 101
Nov 10, 2020·The outdoor company faced problems with debt. In 2017, the Bellevue-based company’s owners (Golden State Capital) considered a sale as one of many strategies to rid its debt. That same year, S&P Global downgraded the retailer’s credit rating. This isn’t anything new for the company — it did manage to emerge from bankruptcy in 2009.