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 ...
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 ...
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, ...
After a year of financial turmoil, sporting goods retailer Modell's filed for bankruptcy on Wednesday. In a statement CEO Mitch Modell said: "Over the past year, we evaluated several options to ...
Forbes contributors publish independent expert analyses and insights. Joan Verdon is a veteran retail reporter based in Northern New Jersey. Retail Ecommerce Ventures bought the rights to the Modell's ...
A familiar name in New York sporting goods is making a return — but not through the current Modell's website. Former Modell's Sporting Goods CEO Mitchell Modell announced Monday the launch of a new ...
One of the most-asked questions a Hall of Fame voter gets is about Baltimore Ravens owner Art Modell, who died Thursday at age 87. As an owner, Modell did almost everything to merit induction into the ...
Mitchell Modell, chairman and chief executive officer of Modell’s Sporting Goods Inc., has a framed letter from his grandfather, Henry Modell, hanging on the wall of his New York City office. He said ...
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 ...
Modell’s Sporting Goods filed for bankruptcy on Wednesday and announced that it was closing all 153 of its stores after CEO Mitchell Modell staged a public campaign begging commercial landlords to ...