The new owner of Gander Mountain has said that he will be changing the name and is looking for a new logo.

Marcus Lemonis, reality TV star and investor, posted on Twitter that Gander Mountain will be renamed Gander Outdoor and he also announced that he is looking for a new logo and will pay the winning designer $25,000.

When asked on Twitter why he's changing the name Lemonis responded, "More categories, better pricing, fresh start."

We learned last week that the Hermantown location will remain open despite many other stores closing around the state and country.