Modell's files bankruptcy, to close all locations

[TRU7536]

https://www.newsday.com/business/modells-bankruptcy-liquidation-sales-1.42852487

[retailisking]

Sadly predictable. We're going to see a lot of this in the coming weeks and months as the COVID-19 crisis wreaks havoc with the economy. For the travel sector alone, this is far worse than 9/11. There is talk of a bailout for the airline and hotel industries.

[deerwrecker2017]

Sadly predictable. We're going to see a lot of this in the coming weeks and months as the COVID-19 crisis wreaks havoc with the economy. For the travel sector alone, this is far worse than 9/11. There is talk of a bailout for the airline and hotel industries.

Even though it's true that COVID-19 has wreaked havoc in certain areas for sure like the Airline and Hotel industries, Sports Leagues (With the NBA, NHL, MLS and MLB suspending their regular seasons and/or operations until further notice) and even the Film and Television industries.

I do think that the demise of Modell's was likely inevitable way before the outbreak of COVID-19 had started in China even though I never so much as set foot in any Modell's anywhere.