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Tag: impairs

Modell’s seeks bankruptcy suspension as coronavirus impairs liquidation sales

Dive Brief: Modell’s Sporting Goods filed for a reprieve in its Chapter 11 bankruptcy case, asking the court to approve a 45-day bankruptcy and operating suspension due to the impacts of the coronavirus outbreak on Modell’s store closing sales. The retailer had planned to liquidate its entire 134-store footprint. In court documents, the retailer asserted …

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