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.