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Campus Sport Sportswear buys Steve & Barry’s on State Street

Call them crazy for buying a bankrupt retail store amid the toughest economy in a generation. But the owners of Campus Sport Sportswear think the concept of selling sweats, T-shirts and hats to college kids remains a sound business model.

Local businessman Mark Dunbar and two partners have purchased the leases of former Steve & Barry’s stores, one in Madison and one in East Lansing, Mich. They now operate as Campus Street Sportswear.