JUMBOSPORTS TO CLOSE REMAINING STORES AND LIQUIDATE

          After "limping through a Chapter 11 bankruptcy
     proceeding for nine months," JumboSports decided Thursday to
     "pull the plug on the remaining 42 stores," according to
     Mark Albright of the ST. PETERSBURG TIMES.  Company execs
     said they will file a motion in U.S. Bankruptcy Court in
     Tampa today "to liquidate the company or sell some or all of
     the remaining stores."  JumboSports President Mike Worrall:
     "We're going out of business but have enough inventory to
     get through Christmas.  We have several expressions of
     interest from other sporting goods companies that are
     interested in buying groups of stores that are already in
     operation."  Albright: "The demise of JumboSports would end
     a company founded in 1982, one of the pioneers of the
     oversized sports goods superstore" (ST. PETE TIMES, 10/15).