Augusta Gander Mountain store could remain open

Augusta’s Gander Mountain store is among the dozens of locations that would remain open under a plan by the outdoor retailer’s new owner.

 

Camping World CEO Marcus Lemonis, who bought Gander Mountain’s real estate in bankruptcy court last month, said on Sunday that at least 70 of the chain’s 126 stores would be kept open.

In addition to Augusta, the Georgia list includes stores in Albany, Newnan and Valdosta. The South Carolina list includes the Myrtle Beach store.

“It is my estimation that we are going to probably end up having around 70 – maybe 75 – stores,” Lemonis said in the four-and-a-half-minute video posted on Twitter Sunday. “Our goal is to see the business survive and thrive, and take care of the people who work there.”

Lemonis also is the star of CNBC’s The Profit, a program in which he invests in distressed businesses and turns them around.

St. Paul, Minn.-based Gander Mountain filed for bankruptcy in March. Lemonis’ Camping World purchased the rights to Gander Mountain’s real estate leases out of bankruptcy court.

However, the outdoor retailer’s inventory, including its Overton boating subsidiary, was purchased by liquidation companies that are currently hosting going-out-of-business sales at each location.

As of Monday, the Gander Mountain website still said all stores are going out of business. Numerous ads promoting a liquidation sale have been placed in The Augusta Chronicle in recent weeks.

The 54,000-square-foot Augusta Gander mountain opened two years ago on Mason McKnight Parkway just inside the Columbia County line.

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