Modell’s renegotiating leases in attempt to avoid bankruptcy

Published: 26/02/2020
Modell’s renegotiating leases in attempt to avoid bankruptcy
Source: NYPOST.COM

Mitch Modell is trying to save his shirts. The New York-based, fourth-generation sports store owner on Tuesday sent a Hail Mary letter to 19 building and mall owners stating he needed them to “dig deeper” to save all 140 Modell’s stores and prevent a bankruptcy by March 1. Already, five stores that had liquidation sales...

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