Inventory liquidation sales are now under way at all Gander Mountain store locations – offering shoppers deep discounts on top brand-name outdoor gear.
Gander Mountain filed for Chapter 11 bankruptcy protection on March 10.
Tessari, like any closeout retailer who has sold returns from stores such as Target, Wal-Mart and Costco, never had any control over what goods he was buying.
Event Sales operates Discount 70 in Columbia Heights, but it represents only 5 percent of the company's sales, said Hofstede.
Jacobs Trading retail store, Brand Name Deals in Fridley, closed earlier this year after Liquidity Services' purchase. B, Fingerhut and Petters as well as Ax-Man, Deal Smart and Opitz Outlet.
The company, although still headquartered in the Twin Cities, was purchased by Washington, D.
C.-based Liquidity Services for $140 million in 2011.
"One time I paid $325 for a pallet of Styrofoam coolers that was probably worth $50," he said.