West Marine files bankruptcy, closing Florida stores, here's where
As part of a Chapter 11 restructuring, major U.S. marine supply store West Marine is closing 59 stores in 23 states, including Florida.
West Marine , the largest boating and marine supply chain in the U.S., is shuttering 59 stores across 23 states, including Florida, following a filing for voluntary Chapter 11 bankruptcy in May.
"Like many in the boating community, West Marine has faced headwinds in recent years, including supply chain disruptions, extreme weather events, and shifts in consumer behavior," the company said in a May 17 release. "Today’s action addresses these challenges by strengthening the balance sheet, reducing debt levels, and improving financial flexibility."
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