West Marine, a major retailer specializing in boating supplies and accessories, has officially filed for bankruptcy. As part of the restructuring process, the company will close 59 stores across 23 states. Florida will be disproportionately impacted by these closures, losing eight West Marine locations. The company did not specify exact locations within Florida, but the closures represent a significant contraction of its retail footprint. This decision follows a period of declining sales and increased competition within the marine retail sector. West Marine intends to focus on its online presence and remaining brick-and-mortar stores following the restructuring. The bankruptcy filing allows the company to reorganize its debts and operations.