West Marine to Close 91 Stores in Chapter 11 Bankruptcy Restructuring
West Marine, the largest U.S. boating and marine supplies retailer, is closing a total of 91 stores as part of its Chapter 11 bankruptcy restructuring. The company previously announced 59 store closures and has now confirmed an additional 32 locations will shut down. Factors driving the bankruptcy include supply chain disruptions, extreme weather events, and shifts in consumer behavior amid discretionary spending cuts. The recreational boating market has been impacted by declining sales, with new boat retail unit sales dropping 8.8% year-over-year in 2025. West Marine aims to strengthen its balance sheet and reduce debt through the restructuring process. The closures span multiple states including Alabama, California, Connecticut, Delaware, and Florida, with 18 locations closing in Florida alone.
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