Modell’s Sporting Goods retailer in North Brunswick Township, New Jersey. (Image by Michael Brochstein/SOPA Images/LightRocket via Getty Images)
Michael Brochstein | SOPA Pictures | LightRocket through Getty Images
Sporting goods retailer Modell’s Sporting Products submitted for Chapter 11 defense in the U.S. bankruptcy court in New Jersey on Wednesday, citing a complicated retail environment.
The privately owned enterprise, which calls by itself the oldest U.S. relatives owned and operated sporting products retailer, said it will keep on to take a look at recapitalization by way of a possible sale of some or all its belongings.