Luke's Locker Tries To Outrun Bankruptcy With Store Closings, Files Chapter 11

After a Facebook post last week announcing temporary store closings, Dallas-based running and fitness retailer Luke’s Locker filed for Chapter 11 bankruptcy protection yesterday. 

Three locations — Montgomery Plaza in Fort Worth, Mockingbird Lane in Dallas and Gaston Avenue in Dallas — will remain open. 

Luke's Locker president Matt Lucas hopes financial and legal experts will help the store rebuild “to its former strength,” the Dallas Morning News reports. 

Last week, the company laid off 40 employees after closing stores in Plano, Southlake, Austin, Houston and the Woodlands. [DMN]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Philly Retail Momentum Spills From Rittenhouse Into Northern Liberties

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Forget Buildings, Retailers Are Leasing Environments

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy