US-based outdoors retailer Gander Mountain has plans to close 32 of its 162 stores across the country.

One third of these outlets are located in Texas, reported Statesman.com.

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Last Friday, the retailer filed for Chapter 11 in the US Bankruptcy Court for the District of Minnesota.

In a statement, the company said: "Today's (Friday) action is the result of an in-depth review of the company's strategic options undertaken in recent months to preserve the value of the company and position it for long-term.

"The underlying financial impact from under-performing stores and unproductive, excess inventory hampered efforts to create a sustainable path forward."

 "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.

"Despite aggressive actions to improve the efficiency of the company's retail operations and support functions, the underlying financial impact from under-performing stores and unproductive, excess inventory hampered efforts to create a sustainable path forward."

The under-performing stores will close over the next few weeks, reported Upnorthlive.com.

Set up in 1960, Gander Mountain is a retailer of hunting and camping supplies. It had gone public twice besides filing for reorganisations.