Edwin Watts Golf Shops Files Bankruptcy

Edwin Watts Golf Shops, which sells golf equipment and apparel online and through 90 U.S. retail stores, filed for Chapter 11 bankruptcy protection. The company, owned by an affiliate of private-equity firm Sun Capital Partners Inc., listed assets and liabilities between $100 million and $500 million. Callaway Golf Co. is the largest unsecured creditor, with a claim of $4.6 million, according to papers filed today in U.S. Bankruptcy Court in Wilmington, Delaware.