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Modell's Sporting Goods Becomes Rare Retailer to Reduce Store Closings

Hoping to Avoid Chapter 11 Bankruptcy Protection, New York City-Based Chain Says Potential Partners Are Calling
Modell's Sporting Goods said it's trying to avoid a bankruptcy filing by seeking outside investors. (Wikimedia Commons)
Modell's Sporting Goods said it's trying to avoid a bankruptcy filing by seeking outside investors. (Wikimedia Commons)
CoStar News
February 24, 2020 | 9:55 P.M.

Modell's Sporting Goods, after renegotiating with landlords, is a rare U.S. retailer faced with store closings to be able to scale back the number of locations it plans to shutter, saying it has been contacted by potential financial partners.

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