Augusta Gander Mountain to remain open

May 9, 2017|

While liquidators offer up deals on remaining inventory in the Augusta Gander Mountain store, Marcus Lemonis, the star of the CNBC show “The Profit,” is making plans to keep the store open.

Lemonis is also the owner of Camping World and bought Gander Mountain out of bankruptcy in April.

Augusta is part of a list of more than 50 of the 126 Gander Mountain stores that will remain open. Lemonis recently posted a video clarifying confusion about what is happening with Gander Mountains and the transition.

Besides purchasing the intellectual property, branding, and Gander leases and gander.com, he also did the same for the Overton brand. At this point, he feels a little less than half of the overall 160 leases will be fulfilled. One of the interesting parts of Lemonis’ strategy is that Gander Mountain will remain the brand in Augusta and elsewhere, but he’ll consider having Camping World and Overton mini-stores or sections within the Gander Mountain store.

Here is a list of the Georgia/Carolina stores that will remain open:

*Augusta

*Albany

*Newnan

*Valdosta

*Myrtle Beach

For more details, check out Lemonis’ Twitter video posted on Sunday morning:

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