Seth Horowitz has been promoted to president of Modell’s Sporting Goods.
Horowitz, former executive vice president of merchandising, marketing and allocations for the 144-unit, family-owned sporting goods chain, will add oversight for store management, the distribution center, human resources, IT and finance to his portfolio. He will focus on real estate and construction and will be responsible for renovations and expansion of the company’s retail footprint.
Horowitz joined Modell’s last January from Everlast Worldwide, where he had been chairman, chief executive officer and president. He left Everlast after it was acquired by Brands Holdings Ltd.
Horowitz said in an interview that “as a financially healthy company, we’re going to be opportunistic in our real estate strategy. With market conditions like they are today, there may be plenty of opportunities out there.”
In 2008, he said, Modell’s had planned to open three stores and wound up adding 10. For this year, three additional units are expected to open, but Horowitz said the company may add more depending upon the location.
“It’s all relative,” he said, regarding the strength of the business, “but we feel we can continue to grab market share. Parents will still spend on their kids and we continue to see consumers going back to the brands they trust and trust, whether that’s Modell’s, Nike or Adidas.”
He continues to report to Mitchell Modell, ceo of the chain, who held the post of president as well.
“In the short time he has spent with us, Seth’s accomplishments have played a significant role in the development of our company, and we look forward to him taking our brand to the next level in the near future,” Modell said.
Founded in 1889, Modell’s operates stores in the Northeast and Mid-Atlantic states.