Posted on: March 07, 2020 09:00 AM

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Modell s preparing for bankruptcy and closing more stores

The sporting goods store, Modell's is preparing for bankruptcy next week. After the file, the company is looking for sell assets and close stores nationwide. According to the CEO, other retailers have shown interest in buying parts or all of the chain in bankruptcy. 17 stores will be closed due to loss. There are around 140 stores nationwide.