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March 12, 2020 | 3:15am Enlarge Image The Times Square location of family-owned sporting goods chain Modell's. Levine-Roberts/Sipa USA NEW YORK — Modell's Sporting Goods, the century-old family-owned sporting goods chain, has filed for Chapter 11 bankruptcy and will be closing its remaining 115 stores. It becomes the latest traditional retailer to succumb to a fast-changing environment. In recent years Payless ShoeSource Corp., Toys R Us and children's chain Gymboree have filed for Chapter 11 reorganization or liquidated their operations. A Modell's spokeswoman said that as of Wednesday the company had 3, 623 employees. The New York-based retailer known to New Yorkers for its "Gotta Go to Mo's" advertising slogan, said Wednesday it will start liquidation sales at the remaining stores Friday morning. It will team up with Tiger Capital Group to oversee the going-out-business sales. Tiger had helped the company liquidate 19 stores prior to the filing. Modell's has had its own challenges and the liquidation in 2016 of sporting goods giant Sports Authority, a 450-store chain, didn't offer much respite.
Modell's Sporting Goods ISlide Sandals Each ISlide sandal is custom printed by hand using a unique printing process. Adjustable grip-strap with anti-abrasion spandex lining. SHOP NOW GREAT VALUE Our Customers Deserve Fair Prices. FREE SHIPPING On Orders Over $99. Exclusions Apply. Join our community Sign Up and Get Exclusive Privileges. Sunday, Monday, Tuesday, Wednesday, Thursday, Friday, Saturday January, February, March, April, May, June, July, August, September, October, November, December Not enough items available. Only [max] left. Browse Wishlist Remove Wishlist