Modell's
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Modell's Sporting Goods | |
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Type | Private |
Founded | 1889 |
Headquarters | New York City, NY |
Key people | Morris Modell, Founder Mitchell Modell, CEO Joseph Quinn, CFO |
Industry | Retail |
Products | Sports apparel, Sporting goods, Footwear, Licensed goods. |
Website | http://www.modells.com/ |
Modell's (full name "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 137 retail locations in ten states and the District of Columbia as of 2008.[1] The company reported revenue of approximately $635 million dollars in 2007.[1]
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[edit] History
The chain was founded as a single store by Morris A. Modell in 1889 in New York City, 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.)[2] Modell, an immigrant from Hungary, opened the first location on Cortland Street in Lower Manhattan.[1]
Through the years it has remained a family owned business passing through four generations of the Modell family. While best known for being 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" until the name was reverted back to "Modell's Shoppers World) from the early 1960's up until 1989 when the company decided to focus on its sporting goods operations partly due to increased competition in the discount retailer market.
Currently Modell's operates 137 stores[1] mainly in New York, New Jersey, and Pennsylvania. In recent years however, it has begun to expand to Delaware, Maryland, Virginia, the District of Columbia as well as Connecticut, Massachusetts, New Hampshire, and Rhode Island. Their flagship store is located in the middle of New York City's Times Square.
[edit] Mission
Modell's approach as "Your Hometown Sporting Goods Store" through local specialized offerings, community relationships and programs such as Team Weeks, which assists local schools, leagues, and non profits, has made it a very successful company through the years. Modell's #1 mission statement is "Listen, Respect, and Respond" to the needs of their customers, associates, and vendors. It also has numerous other sub-mission statements that it has its employees memorize. Modell's is also the sponsor of many east coast sports teams including the New York Mets, Boston Red Sox, New Jersey Devils, New York Rangers, New York Jets, New York Giants, New York Islanders, Philadelphia Phillies, Philadelphia 76ers, Philadelphia Flyers, Philadelphia Phantoms, New York Yankees, Washington Nationals, and the New England Patriots.
[edit] References
- ^ a b c d Hevesi, Dennis. "William D. Modell, Seller of Sporting Goods, Is Dead at 86", New York Times, 2008-02-15. Retrieved on 2008-03-07.
- ^ Hajewski, Doris. "Burghardt's takes team approach as it passes ball down the line", Milwaukee Journal Sentinel, 2006-08-27. Retrieved on 2008-03-07.