Once A Growing Regional Sneaker Chain, A Sneaker City Has Filed for Chapter 11 Bankruptcy Protection

A Sneaker City Albany Inc., an Albany, NY-based sneaker and streetwear retail business, seeks Chapter 11 protection.

Whatnow News Team News Writer
Representative Image, A Sneaker City Albany Inc. files for bankruptcy (Image credit: Zulfugar Karimov | Pexels | Created on Canva)

A Sneaker City Albany Inc. has filed for Chapter 11 bankruptcy protection. While court filings do not specify a reason for the filing, the petition shows millions of dollars in liabilities and several unsecured creditor claims.

The sneaker and streetwear retail brand currently operates in Albany, New York. Operations are expected to continue as normal while the company engages in court-guided proceedings.

A Sneaker City Albany Inc. Enters Bankruptcy

Case records, as available on PACER, show that the company submitted its petition on July 10, 2026. Company president Brandon Gutierrez signed the petition prior to filing.

The records classify A Sneaker City Albany Inc. as a small business debtor that elected to proceed under Chapter 11 Subchapter V. These proceedings under Chapter 11 typically allow small businesses to complete their bankruptcy in a faster and more cost-effective way.

Attorney Michael Boyle of Boyle Legal LLC is the company’s legal representative in the case.

Founded in 2018, the company sells footwear, apparel, and accessories from various sneaker and streetwear brands. According to its website, customer groups range from infants to adults through its physical stores and online platform.

Company Faces a Financial Strain

The case records do not specify the factors that could have contributed to the latest filing. However, the petition points to debt-related troubles, as outlined in the list of the largest unsecured creditors.

As shown in the list, most of the company’s largest unsecured debts are tied to leases for affiliated stores, including:

  • A Sneaker City Charlotte Inc.
  • A Sneaker City Chicago Inc.
  • A Sneaker City Dadeland Inc.
  • A Sneaker City Dallas Inc.
  • A Sneaker City Newport Inc.
  • A Sneaker City Houston Inc.
  • A Sneaker City Tampa Inc.

The filing lists the first five stores as ‘defunct.’ A Sneaker City Houston Inc. is still operating. Whereas, A Sneaker City Tampa Inc. is mentioned as a related entity.

The filing lists these entities and landlords among the company’s unsecured creditors related to lease obligations. The creditors associated with those lease claims are:

  • Dadeland Mall Associates, Ltd.
  • Florida Mall Associates Ltd.
  • Grapevine Mills Mall, LP
  • Mall of Georgia LLC
  • Mall at Concord Mills LP
  • Newport Centre LLC
  • Woodfield Mall, LLC
  • Sawgrass Mills, LLC
  • Roosevelt Field LLC

The company also owes payroll taxes to the Internal Revenue Service and sales taxes to the New York State Department of Taxation and Finance.

Case filings show that the company reported estimated liabilities of approximately $2.38 million and assets of about $47,636.

A summary of the Chapter 11 petition is shared here:

  • Filing Date: July 10, 2026
  • Court and Jurisdiction: U.S. Bankruptcy Court for the Northern District of New York
  • Type of Filing: Active, Voluntary Petition
  • Chapter: 11, Subchapter V
  • Case Number: 26-10773-1-pgr
  • Estimated Assets: Between $0 and $50,000
  • Estimated Liabilities: Between $1,000,001 and $10 million
  • Estimated Creditors: 1-49
  • Reason for Filing: Reorganize finances under court supervision

The upcoming proceedings are expected to determine how A Sneaker City Albany Inc. handles its lease-related obligations and other debts.

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