Although the Sports Authority sign is still up at the Estrella Plaza Shopping Center, the company announced it will close 450 stores nationwide and that the proposed store in San Clemente may not be coming. Photo: Eric Heinz
By Eric Heinz
The Sports Authority at Estrella Plaza, which was highly anticipated by many people in the Capistrano Beach area, may not be coming after the company announced Tuesday it will liquidate all of its stores. The decision comes after the company filed for bankruptcy in March and needed to pay off nearly $1 billion in debt.
Sue Jagodzinski, a development manager with Kornwasser Shopping Center Properties, said they are still anticipating Sports Authority to take the space but do not have any further details on the matter.
Sports Authority representatives have not returned calls from the San Clemente Times.
Sprouts Farmers Market is still expected to open on May 11, and Stein Mart is expected to open sometime in September. T.J. Maxx opened April 24, and Ulta Beauty will host a grand opening on Friday, May 6.