MEC’s Board of Directors announced its unanimous support for an agreement with Kingswood Capital Management, LP
Sold to a private equity firm. Not entirely COVID related as they were bleeding money in 2019 before COVID. The shipping for their online store was a bit of a shyteshow. I use them a lot and my order (with free shipping) commonly gets split into three or four orders shipping from all over the country with some $2 item being shipped by itself from some far off place.
It does make me sad. Always loved MEC.
BTW, if you want your $5 from your "share" you need to get inline with the creditors. In the new year they will not be doing the membership thing anymore.