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Article Date: June 2019
Word Count: 110

Modell’s Updates Turnaround Progress

The 130-year-old, family-owned retailer reported a 12% year-over-year increase in May sales and said it has made substantial progress over the past two months on reducing its inventory levels. CEO Mitch Modell, who invested nearly $7 million into the business to provide liquidity for the turnaround, said that while there is more work to be ... Log in to view full article.


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