Modell’s Chairman Dead at 86
New York City William Modell, the head of the family-owned Modell’s Sporting Goods chain, has died at age 86.
Modell died Thursday at a Manhattan hospital of complications from prostate cancer, the company said Friday.
Modell became chairman of the company in 1985 after taking over from his father, Henry. Under his leadership, the chain grew from four stores to 136 in about a dozen states in the Northeast and mid-Atlantic region.
A resident of Hewlett Harbor on Long Island, Modell is survived by his wife, Shelby, and two children.
Kroger and Union Local in Tentative Agreement
Memphis, Tenn. The Kroger Co. announced Thursday it has reached a tentative agreement on a new contract with the United Food & Commercial Workers Union Local 1529 in Memphis, Tenn.
The tentative agreement covers over 7,500 Kroger associates who work in 72 stores in Memphis and parts of Arkansas, Kentucky, Mississippi and Tennessee.
Sharper Image Names New CEO
San Francisco Sharper Image Corp. said Thursday that it named Robert Conway to the post of CEO, effective immediately, replacing Steven Lightman. Jerry Levin will remain chairman.
The company said Conway is a founding member of Conway, Del Genio, Gries & Co. LLC, and has advised companies on financial and operational issues.