New Hartford Gander Mountain Staying Open
New Hartford's Gander Mountain store is staying put according to the retail chain's new owner. Marcus Lemonis and Camping World have bought the chain with plans to keep a portion of the stores open. In a series of Twitter posts, Lemonis explained what will be happening with the stores going forward.
If you click the link on the Tweet below, you'll be taken to a video of Lemonis clearing up any confusion.
Lemonis and the Camping World team bought the intellectual property, the brand, the assets and the rights to all the leases.
What they didn't buy was the inventory in the store. The liquidators bought it and have the right to sell all the inventory. "After the inventory is liquidated we'll buy new inventory," said Lemonis.
Lemonis and Camping World control all 166 Gander Mountain leases. "We are going to have 70 maybe 75 stores remaining open," explained Lemonis. "All stores are liquidating but the stores aren't closing."
One of the stores remaining open is the New Hartford location.
So there you have it. After the liquidation sale, Lemonis and the Camping World team will re-stock the shelves and New Hartford's Gander Mountain will remain open.