Home » Economy » Iconic sporting goods store surprises staff with announcement of 2 additional stores saved from closure
Iconic sporting goods store surprises staff with announcement of 2 additional stores saved from closure
Modell’s CEO to staff: We aren’t closing guys
Modell’s CEO Mitch Modell discusses his ability to save stores from closure after receiving widespread support from the public, saving 48 jobs.
Mitch Modell, the CEO of iconic sporting goods store Modell’s, surprised staff members Thursday after announcing two additional stores would be saved from closure.
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Modell ripped a sign off a wall and declared “we are not closing guys we are going to stay open.”
The two additional stores were saved after receiving support from the public, bringing the number of avoiding closures to seven and saving a total of 129 jobs.
On Monday, Modell told FOX Business’ Stuart Varney that after an outpouring of support, he had been able to rescue five of the 24 stores on the chopping block from closure, saving 81 jobs. Of the five spared stores, three were in Pennsylvania, one in Virginia and one in New York.