Modell’s Sporting Goods to trial small concept stores in New York

Retailer Modell’s Sporting Goods is planning to trial small concept stores across New York, in line with a growing trend in retailers seeking to reduce their real estate costs amid slowing revenues. The new plan comes after the 130-year-old sports retailer hired a restructuring adviser to guide it through a turnaround of its business in March. “The days of the 15,000 square foot store in the boroughs, are just not there,” Mitchell Modell, the company’s […]

source https://therealdeal.com/2019/05/21/modells-sporting-goods-to-trial-small-concept-stores-in-new-york/