Gander Mountain is filing for bankruptcy, closing Hixson store

In this July 2014 staff file photo, the Gander Mountain store off Highway 153 is shown before its grand opening in September 2014.

Gander Mountain Co., will close its Hixson sporting goods store within the next month as part of a bankruptcy reorganization of the financially troubled retailer.

The St. Paul, Minn.,-based sporting goods retailer announced Friday that it is filing for bankruptcy, closing 32 of its 162 stores and putting its operations up for sale.

Gander Mountain opened a 50,000-square-foot store in the Oak Park Town Center in Hixson in 2014, but the sporting goods retailer has faced mounting competition from online sales and other, bigger retailers targeting hunting, fishing and other outdoor activities in the market, including Bass Pro Shops in East Ridge, Cabela's in Fort Oglethorpe, Academy Sports in Hixson and Sportsman's Warehouse in East Brainerd.

"With much regret, we will be closing our Chattanooga store, among 32 we'll be winding down in the coming weeks," the company said in a statement Friday.