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Sports Authority begins close-out sales

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Sports Authority, who filed for bankruptcy earlier this year, has started its going-out-of-business sale at all of its locations across the country.

The sporting goods company will close all 463 of its stores by the end of August, but shoppers can now take advantage of deep discounts and liquidation prices on merchandise until then.

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The company is reminding customers that all gift cards must be redeemed by June 28.