Modell's Sporting Goods has again turned to strategic advisory firm Berkeley Research Group and law firm Cole Schotz for restructuring advice after a rough several months, CEO Mitchell Modell told Retail Dive, confirming a Tuesday Debtwire report. However, he also said that a bankruptcy filing is off the table for now.
The Northeast sporting goods retailer closed nine stores just this year and is considering other closures as leases expire, he also said.. . . more