Edwin Watts Golf Shops files for bankruptcy, seeks sale


  • Golf Premium
  • Tuesday, 05 Nov 2013

(Reuters) - Edwin Watts Golf Shops LLC, which has about 90 stores in the U.S. Southeast, filed for Chapter 11 bankruptcy protection on Monday due to increased competition and waning enthusiasm for the sport, according to a court filing.

The retailer, owned by private equity firm Sun Capital Partners Inc, will seek a sale of its assets by December 6 through a court-supervised auction, according to papers filed in the U.S. Bankruptcy Court in Wilmington, Delaware.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Golf

Shah blown off course, still within reach of top 10 target Premium
With new glasses, Haotong sets sights on title Premium
Jeneath starts new year with victory at prestigious event Premium
Nice start for Malaysia’s top-two Premium
Have fun chipping the ball Premium
Timely boost for women’s game Premium
New RMX driver and irons are here Premium
Shahriffuddin and Danny lead charge in Singapore Premium
Golf-Comfortable in his own skin, DeChambeau reining in expectations Premium
Just like the old Danny boy - veteran shows age won’t slow him down Premium

Others Also Read


Vouchers