Updated: Mountain Warehouse Approved to Buy Eastern Mountain Sports Stores

August 30, 2024

Outdoor retailer Mountain Warehouse was approved to acquire seven Eastern Mountain Sports (EMS) stores after no other offers followed the U.K.-based chain’s $5 million stalking horse bid.

That means EMS, Bob’s Stores, and their related entitles still owe PNC Bank approximately $5 million, said Goldstein & McClintock’s Maria Aprile Sawczuk at the Aug. 29 hearing about the sale.

The remaining 20 EMS stores and 21 Bob’s Stores will close after liquidation sales conclude. The Daily Outdoor Retailer