Modell’s Sporting Goods appears poised to become the latest major retailer https://therealdeal.com/tag/retail/to file for bankruptcy. The 130-year-old athletic gear company has stopped looking for an investor to help it renegotiate its leases and is no longer seeking better terms from its vendors, according to the New York Post. CEO Mitch Modell had written to 19 building and mall owners and asked them to “dig deeper” by lowering or deferring rents to help Modell’s stave off
source https://therealdeal.com/2020/03/09/modells-sporting-goods-prepares-to-file-for-bankruptcy/
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