Modell’s Sporting Goods files for bankruptcy and will close all stores, including nine in Maryland – Capital Gazette

Modell’s Sporting Goods, a century-old family retailer, has filed for receivership and will close all 141 stores, including nine in Maryland.

Baltimore-based sportswear maker Under Armor is among Modell’s top three creditors in terms of amounts owed, according to the Chapter 11 petition filed March 11 in U.S. bankruptcy court in New Jersey.

Modell’s, a New York-based retailer of sports equipment and athletic shoes and apparel, owes nearly $9 million in trade debt to Adidas, $8.8 million to Nike and $3.8 million to Under Armour, according to court documents. Under Armor has struggled in part due to the closure of sporting goods stores, particularly Sports Authority.

In the Baltimore area, Modell’s has stores in Annapolis, Arundel Mills in Hanover, Reisterstown Road Plaza in Reisterstown, and the Perring Plaza Mall in Parkville.

Mitchell Modell, president and CEO of Modell, told The New York Times that the company’s profitability was hurt by an abnormally warm winter, six fewer days to shop between Thanksgiving and Christmas, online competition and the coronavirus pandemic.

Modell’s was started in 1889 by Morris A. Modell, with the first store in lower Manhattan in New York City, according to the retailer’s website. The business grew into a chain of over 150 stores in the northeast and was run by the fourth generation of the family.

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