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...

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BING NEWS:
  • Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs
    A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.
    01/3/2025 - 6:23 am | View Link
  • Some Big Lots stores will remain open if bankruptcy court approves deal with new buyer
    Big Lots, LLC, which is based in Columbus, Ohio, announced that it has found a buyer to acquire its stores, distribution centers and intellectual property to transfer to other retailers.
    12/29/2024 - 7:54 am | View Link
  • Big Lots to close all stores: Going out of business sales planned at 66 NC sites, 9 in WNC
    The company declared bankruptcy earlier this year. After a planned sale fell through, all stores are set to shutter.
    12/23/2024 - 3:32 am | View Link
  • All Big Lots Locations Could Close as Going-Out-of-Business Sales Commence at Remaining Stores
    I t's been a wild ride for Big Lots in recent years. The retailer first announced "an accelerated number of closures" in late 2022, shuttering roughly 50 locations by the end of t ...
    12/20/2024 - 2:35 am | View Link
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