The Athlete's Foot's company ownerd stores are closing. Yesterday, the company filed for Chapter 11 bankrputcy protection, listing assets of $33.6 million and liabilities of $39.4 million.
The franchised stores supposedly are not being affected by this descision, but the company-owned stores will liquidate in the very near future.
What does that mean for the averge sneakerhead? Overall, it means one less place to shop, but in the interim, a good chance to pick up some kicks for cheap.
Read more @ Athlete's Foot Seeks Bankruptcy Protection