Modell's Files For Bankruptcy Protection

3/12/20

By Yoel Minkoff, SeekingAlpha

Shoppers won't be able to go to Mo's for much longer as the company filed for bankruptcy and said it plans to shutter all its 153 stores.

Modell's was a fixture in New York and its surrounding suburbs, but struggled to evade the same fate as many in the bricks-and-mortar arena.

Among those watching the news are Dick's (NYSE:DKS), Foot Locker (NYSE:FL), Big 5 Sporting Goods (NASDAQ:BGFV), Nike (NYSE:NKE) and Under Armour (NYSE:UAA).

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