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(RNN) Gander Mountain will close 32 stores and has filed for Chapter 11 bankruptcy, it announced Friday.”Like many retailers, Gander Mountain experienced challenging traffic patterns and shifts in consumer demand resulting from increased direct to customer sales by key vendors and accelerated growth of e commerce,” the company said in a statement.”Despite aggressive actions to improve the efficiency of the company’s retail operations and support functions, the underlying financial impact from underperforming stores and unproductive, excess inventory hampered efforts to create a sustainable path forward,” it added.”The filing is an important step in our restructuring, but our highest priority is to make it a non event for you,” said Jay Tibbets, Gander Mountain president, in a letter to customers posted on Facebook.The St. Paul, MN, based retailer has stores across 26 states and employs 7,000.It is one of three retail stores announcing bankruptcy in the past week, with RadioShack filing last week and discount retailer Gordmans filing Monday.General Wireless, the company that owns RadioShack, announced it was filing for Chapter 11 bankruptcy and is in the process of closing nearly 200 stores. It is the troubled retailer’s second bankruptcy in two years.nearly 100 years, RadioShack has proudly served local communities across the United States, offering consumers unique, high quality products at a great value, said Dene Rogers, RadioShack’s president and CEO.The company said the “surprisingly poor performance of mobility sales” pushed it into another bankruptcy.RadioShack has a FAQ page for customers concerned about the closures.

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