Modell's Sporting Goods in Stanton to close as company shuts down all remaining stores


@VALUEZTV


Brandon Holveck,


Modell's Sporting Goods is shutting down all of its remaining stores, including its lone Delaware location in Stanton, after filing for bankruptcy.


The New York-based retailer has struggled to adapt to a fast-changing retail environment, according to retail experts. The chain faced increasing competition from Target, Walmart and Kohl's, all of which are sprucing up their activewear lines, in addition to online retail.


"Modell's didn't stand out," said Neil Saunders, managing director at GlobalData Retail. "There's a lot more competition."


Modell's has more than 100 stores concentrated in the northeast. The company announced the closure of 24 stores last month in an attempt to "preserve the whole company and save the jobs of 4,300 families."


Delaware's only Modell's is off Churchmans Road in Center Pointe Plaza near the Christiana Hospital. The only remaining national sporting goods chain is Dick's Sporting Goods, which has a store off Center Blvd S next to the Christiana Mall.


Modell's will start liquidation sales Friday. The company did not announce when stores would be closing.

Associated Press contributed.


Contact Brandon Holveck at bholveck@delawareonline.com or at (302) 324-2267. Follow on Twitter @holveck_brandon.




2 views

Valuez Tv brings you News, Interviews, and more for the Tri-State area (DE,PA,NJ) Tune in to our Youtube, we host Live streams and post new videos Daily.

Have a story or tip? Contact us. 
Fill out your information below.
 

We appreciate everyone who supports Valuez Tv. We Thank everyone and we will continue to bring the best we can everytime.

-Valuez Tv

ValuezTv specializes in bringing News, Entertainment and Truth to your lifestyle.

1/1

© 2023 by Ad Men. Proudly created with Wix.com

  • Twitter
  • Facebook
  • YouTube
  • Instagram