After a year of financial turmoil, sporting goods retailer Modell’s is preparing to file for bankruptcy, which could come as soon as this weekend, FOX Business has confirmed with CEO Mitch Modell. "We ...
Family-owned chain Modell’s Sporting Goods, a familiar retailer throughout the northeastern U.S., is preparing to declare bankruptcy. The CEO’s unusual step late in February to keep the company afloat ...
Modell’s Sporting Goods Inc. is preparing a bankruptcy filing after the retailer failed to garner enough support from its vendors and landlords. Following weeks of negotiations with its stakeholders, ...
Modell’s Sporting Goods Inc. sought court protection from its creditors and plans to close all its stores, unable to keep up with larger rivals and web competition. The family-owned retail chain’s ...
Sports retailer Modell’s will be closing 24 stores and is considering offering a minority stake in the company as it fights to stay alive, CEO Mitchell Modell said Friday. During an interview with FOX ...
The proceedings provide a glimpse of how COVID-19 has further upended the already reeling brick-and-mortar retail industry. Modell's Sporting Goods store in Princeton, New Jersey. A federal judge in ...
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