The Tennis & Golf Company Files for Bankruptcy
The Royal Oak, MI, specialty retailer filed for Chapter 11 protection in Ea. MI bankruptcy court, blaming its mounting losses on a familiar combination of increasing competition from online sellers and brands’ own DTC sales. It plans to keep operating its single, 19,000-sq.-ft. store during an orderly wind-down of operations and eventual sales process. The filing lists $500,000 - $1 million ... Log in to view full article.