Olympia Sports, which filed for bankruptcy this week to support liquidation, hired SB360 Capital Partners, LLC as its exclusive consultant to conduct “Going Out of Business” sales in its remaining 34 stores.
Earlier this year, SB360 began a series of strategic “Store Closing” or “Total Inventory Blowout” events in select Olympia stores with the most recent group closed in August.
SB360 began working with Olympia Sports in 2019 when the original company, Jackrabbit, was acquired and 76 of the company’s 150 stores were excluded from the acquisition.
SB360 was selected to operate “Store Closing” sales in those locations.
The “Going Out of Business” sale is underway in Olympia Sports stores, with storewide discounts up to 80 percent off. The stores will close by the end of September.
