William D. Modell (May 13, 1921 – February 14, 2008) was an American businessman who chaired the
Modell's Sporting Goods
Modell's Sporting Goods is an American online sporting goods retailer that had locations in the Northeastern United States. Modell's carries both sporting goods and related apparel. Modell's had more than 150 retail locations in ten states and ...
retail chain
A chain store or retail chain is a retail outlet in which several locations share a brand, central management and standardized business practices. They have come to dominate the retail and dining markets and many service categories, in many pa ...
.
Early life
Modell was born on May 13, 1921
[ to a ]Jewish
Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...
family.[New York Daily News: "Retail icon, William Modell, dies at 86"]
February 15, 2008 He grew up in the Manhattan Beach neighborhood of Brooklyn
Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York (state), New York. Kings County is the most populous Administrative divisions of New York (state)#County, county in the State of New York, ...
, New York, before attending New York University
New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin.
In 1832, ...
.[ He enlisted in the ]United States Army
The United States Army (USA) is the land warfare, land military branch, service branch of the United States Armed Forces. It is one of the eight Uniformed services of the United States, U.S. uniformed services, and is designated as the Army o ...
during World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...
.[
]
Modell's Sporting Goods
William Modell first became involved in Modell's Sporting Goods
Modell's Sporting Goods is an American online sporting goods retailer that had locations in the Northeastern United States. Modell's carries both sporting goods and related apparel. Modell's had more than 150 retail locations in ten states and ...
, a family business, after World War II.[ The store had been founded in 1889 by Modell's Hungarian immigrant grandfather, Morris Modell, who opened the first store on Cortlandt Street in ]Lower Manhattan
Lower Manhattan (also known as Downtown Manhattan or Downtown New York) is the southernmost part of Manhattan, the central borough for business, culture, and government in New York City, which is the most populated city in the United States with ...
.[ Modell's Sporting Goods grew rapidly after ]World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...
by stocking up on leftover army surplus
Military surplus are goods, usually matériel, that are sold or otherwise disposed of when held in excess or are no longer needed by the military. Entrepreneurs often buy these goods and resell them at surplus stores. Usually the goods sold by t ...
and selling it at low prices.[
William Modell became chairman of the company in 1985, but had effectively run the company with his father, Henry Modell, who was chairman of the Modell's, since 1963.][ His expansion strategy for the company involved buying locations from faltering rivals in the ]sporting goods
Sports equipment, sporting equipment, also called sporting goods, are the tools, materials, apparel, and gear used to compete in a sport and varies depending on the sport. The equipment ranges from balls, nets, and protective gear like helmets. ...
business. For example, under Modell the company paid $2.5 million for fifteen locations from bankrupt rival, Herman's World of Sporting Goods in 1996.[ This acquisition expanded the number of Modell's Sporting Goods stores from 52 to 67 stores and increased the company's presence in ]New Jersey
New Jersey is a U.S. state, state in the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. It is bordered on the north and east by the state of New York (state), New York; on the ea ...
and the Baltimore
Baltimore ( , locally: or ) is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic (United States), Mid-Atlantic, and List of United States cities by popula ...
-Washington D.C. areas.[
As of 2008, the company now has 136 retail locations in eight states, with a 2007 annual ]revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.
Commercial revenue may also be referred to as sales or as turnover. Some companies receive rev ...
of approximately $635 million.[
]
Personal life
In 1949, Modell married Shelby Zaldin. They had three children: a daughter, Leslie Modell; and two sons, Mitchell, the current CEO of the Modell's Sporting Goods, and Michael, who suffered from Crohn's disease
Crohn's disease is a type of inflammatory bowel disease (IBD) that may affect any segment of the gastrointestinal tract. Symptoms often include abdominal pain, diarrhea (which may be bloody if inflammation is severe), fever, abdominal distension, ...
, an inflammation of the digestive tract. Michael died in 2001.[ He was a resident of ]Hewlett Harbor, New York
Hewlett Harbor is a village in Nassau County, on Long Island, in New York, United States. The population was 1,263 as of the 2010 census.
The Village of Hewlett Harbor is located within the Town of Hempstead. This area, like Back/Old Lawrence is ...
.[
In 1967, Modell founded the Crohn's and Colitis Foundation of America,][ a non-profit, volunteer-driven organization dedicated to finding cures for ]Crohn's disease
Crohn's disease is a type of inflammatory bowel disease (IBD) that may affect any segment of the gastrointestinal tract. Symptoms often include abdominal pain, diarrhea (which may be bloody if inflammation is severe), fever, abdominal distension, ...
and ulcerative colitis
Ulcerative colitis (UC) is a long-term condition that results in inflammation and ulcers of the colon and rectum. The primary symptoms of active disease are abdominal pain and diarrhea mixed with blood ( hematochezia). Weight loss, fever, an ...
and improving the quality of life of its victims.
Death
William Modell died in Manhattan
Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five Boroughs of New York City, boroughs of New York City. The borough is also coextensive with New York County, one of the List of co ...
on February 14, 2008, of complications from prostate cancer at the age of 86.[
]
References
External links
Boston Globe: William Modell; expanded sporting goods chain
Modell's Sporting Goods Official site
Crohn’s and Colitis Foundation of America
{{DEFAULTSORT:Modell, William
1921 births
2008 deaths
Businesspeople from New York City
American people of Hungarian-Jewish descent
American sports businesspeople
United States Army personnel of World War II
New York University alumni
Deaths from prostate cancer
Deaths from cancer in New York (state)
Place of birth missing
People from Manhattan Beach, Brooklyn
People from The Five Towns, New York
20th-century American businesspeople