Active Sports is shutting down its retail store and warehouse in Little Canada, affecting about 90 workers.
Camping World's Active Sports to close Little Canada facilities, affecting 90 workers
Parent company saw declining fourth-quarter sales.
Active Sports, a mostly online retailer of outdoor gear including bikes and snowboards, said in a letter to the Minnesota Department of Employment and Economic Development that it is restructuring its operations.
Active Sports is owned by Illinois-based retailer Camping World Holdings Inc.
Camping World acquired Active Sports and its online component The-House.com in August 2017. The-House website currently is holding a liquidation sale.
A representative of Camping World could not be reached for comment. Camping World also acquired Minnesota's Gander Mountain chain through a bankruptcy auction in 2017.
The publicly traded Camping World released financial results last month showing that its fourth-quarter sales were down 7.1%. Retailers everywhere are facing challenges in the current economic climate.
Marcus Lemonis, known for hosting the CNBC reality show "The Profit," is the CEO of Camping World.
The suits accuse the state of “arbitrarily” rejecting applications for preapproval for a cannabis business license.