Business

Modell’s Sporting Goods files for bankruptcy, to close all stores

PARKVILLE, MD—Modell’s Sporting Goods, America’s oldest family owned and operated retailer of sporting goods, athletic footwear, active apparel and fan gear, this week announced that the company has voluntarily filed for bankruptcy. The company’s lenders and long-standing partners will provide the Company with the financial flexibility to operate the business in the near term, including the timely payment of employee …