Modell's Stores Including Jersey City To Close After Bankruptcy

JERSEY CITY — Modell's Sporting Goods announced this week that it will close all of its stores after filing for Chapter 11 bankruptcy on Wednesday.

The chain has more than 25 stores in New Jersey, including two stores in Jersey City: one near Newport Center Mall and one on Kennedy Blvd.

A worker in the Newport store confirmed Friday that all stores will close, but she did not know the date.

The chain was expected to start hosting liquidation sales both in the store and online, as of Friday.

“Over the past year, we evaluated several options to restructure our business to allow us to maintain our current operations. While we achieved some success, in partnership with our landlords and vendors, it was not enough to avoid a bankruptcy filing amid an extremely challenging environment for retailers,” said Modell’s Chief Executive Officer, Mitchell Modell, in Business Wire.

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