Latest Updates on Hunt The West
Sportsman's Warehouse Files Chapter 11
March 26, 2009.
Sportsman’s Warehouse, Inc., one of the better brick-and-mortar reatilers of hunting equipment and guns, has announced that it has filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
The company took this action after determining that "Chapter 11 reorganization is in the best longterm interest of the Company, its employees, customers, creditors, business partners and other stakeholders."
Details of the plan:
- Keep 29 stores open for business as usual
- Honor its customer service policies such as returns, exchanges, credits, and gift card programs at each store location
- Continue to pay employees’ wages and salaries, offering the same medical, dental, life insurance, disability and other benefits, and to accrue vacation time without interruption.