Norfolk, Va. – Sports Authority has filed for bankruptcy, which will cause many local workers to lose their jobs.
The company filed for chapter 11 bankruptcy Wednesday which means 140 of its 463 stores will be closing.
All local Sports Authority locations in Hampton Roads are part of the 140 stores that are closing.
The company currently has about 13,000 employees in 40 states.
Many of the stores are closing because more and more customers are shopping online.
