Liquidation Sale

Chicago-based asset management company Great American Group has started liquidation of Kennesaw, Ga.–based The Athlete’s Foot Stores LLC. The shoe and athletic apparel retailer has begun store-closing sales in 114 U.S. locations. The company’s 636 other stores will remain open. The Athlete’s Foot filed for Chapter 11 bankruptcy protection in mid-December. The filing does not include nearly 600 independent franchise stores.