Private | |
Industry | Retail |
Founded | 1889 |
Founder | Morris Modell |
Headquarters | Manhattan, New York City, New York, U.S. |
Key people
|
Mitchell Modell, CEO Eric Spiel, CFO Ira, COO |
Products | Sports apparel, Sporting goods, Footwear, Licensed goods. |
Revenue | US$765 million (2015) |
Website | www |
Modell's Sporting Goods is a sporting goods retailer with locations in the Northeastern United States. Modell's carries both sporting goods and related apparel. Modell's currently has more than 150 retail locations in ten states and the District of Columbia as of 2018. The company reported revenue of approximately $765 million in 2015.
The chain was founded as a single store by Morris A. Modell in 1889 in Manhattan, making it possibly the third oldest sporting goods store in North America (after James F. Brine's in Massachusetts and Milwaukee's Burghardt Sporting Goods). Modell, a Jewish immigrant from Hungary, opened the first location on Cortlandt Street in Lower Manhattan. (The Modell pawn shop chain in Manhattan and Brooklyn was founded by Morris's brother George in 1893 as a spinoff. The two companies operate separately.)
Through the years, it has remained a family owned business, passing through four generations of the Modell family. While best known as a sporting goods retailer, Modell's also operated a chain of "full-line" discount retailers in the New York-metro area known as "Modell's Shopper's World" (and for a short time as "White-Modells") from the mid-1950s up until 1989, when the company decided to focus on its sporting goods operations partly due to increased competition in the discount retail market.
Today, Modell's operates 152 stores mainly in New York, New Jersey, and Pennsylvania. In recent years, the chain has begun to expand to Delaware, Maryland, Virginia, the District of Columbia as well as Connecticut, Massachusetts, and New Hampshire. Their flagship store is at 234 West 42nd Street near Times Square.