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Update on 2nd Swing Golf Liquidation

Monday November 13, 2006 | 16:30:24 100 words, 10621 views

A reader asked about cashing in a credit he has available at 2nd Swing, the Minnesota-based retailer that filed for bankruptcy liquidation in September. It appears that customers are out of luck.

I found an article from the Milwaukee Journal from September that outlined 2nd Swing’s credit policy.

I checked their website and it is no longer functioning. I called a location near me and the phone is disconnected. For those of the 17,700 customers with credits on the books, you’ve got a piece of paper that has the same value as my Excelsior Henderson Motorcycle stock – worthless.

RIP 2nd Swing.

3 comments

Comments, Pingbacks:

Comment from: Sarah [Visitor] · http://www.2ndswing.com

Looks like a company called Golf Stix has bought the name back from 2nd Swing.
I guess they are going to open 2 stores in Minnesota. The old management team is not
involved at all...original founders are back in. I found all of this on their website.

Permalink 2007-03-15 @ 13:54

Comment from: Steve Santjer [Visitor]

I have credit at the "old" 2nd Swing. I stopped in at the "new" 2nd Swing and was told I'd have to make my claim through bankruptcy court because they're a "new" company, even though all the original founders are involved. What a scam. I have made a claim through the courts, but to no avail. Anyone have any other solutions? This is not right.

Permalink 2007-10-05 @ 14:04

Comment from: Justin [Visitor]

I worked for the old second swing. They were SOOOOO much in debt that anyone filing a claim, including the vendors themselves are likely to see a penny. They owed BoA a substantial amount of money from loans. All money from the liquidation sales were going to pay back bank loans. I will say this. They were very cautious when it came to paying employees, we were paid our full salary, including commissions and bonuses until the very end, including a bonus for those of us who stayed until our stores closing day.

Permalink 2007-11-20 @ 18:26

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