West Marine Takes Proactive Step to Position Business for Long-Term Success

After productive discussions with key advisors, we’ve reached an agreement to pursue a strategic reorganization that will address our capital structure while maximizing value for all our stakeholders.  To implement the contemplated transactions, on May 17, 2026, the Company commenced voluntary chapter 11 cases in the United States Bankruptcy Court for the District of Delaware.

 

Chapter 11 is a well-established legal process that allows businesses to operate as usual while we work in the background to address our capital structure. We’re taking this action as a deliberate, strategic move intended to best position our business for the future, and the U.S. Bankruptcy Court provides the tools necessary to do just that.  

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​The Company is pursuing an expedited process and contemplates emerging from chapter 11 by mid-August.

  

Most importantly, West Marine is open for business! We remain focused on delivering the top-quality marine products, service, and expertise to our customers, and expect no changes to day-to-day operations throughout this process. Customers can shop with confidence knowing that we are committed to fulfilling orders, honoring warranties and returns, and fulfilling our mission of helping boaters spend more time on the water.