GOB Sale Resumes At 107 Modell’s Locations

GOB Sale Resumes At 107 Modell’s Locations

Posted by SGB Media | Jun 25, 2020

Modell’s Sporting Goods has resumed going-out-of-business sales at 107 of its remaining stores, beginning immediately.

The retailer had begun sales in mid-March after filing for bankruptcy but was forced to postpone the sale as the coronavirus crisis began ramping up

A joint venture of Tiger Capital Group,  Great American Group (a B. Riley Financial […]

Continue Reading >GOB Sale Resumes At 107 Modell’s Locations

J.C. Penney liquidation sales at 136 closing stores underway

J.C. Penney liquidation sales at 136 closing stores underway with discounts up to 40% off

UPDATED: J.C. Penney updated its closings list again Wednesday and now has 136 locations listed. The story originally noted liquidation sales would start at 137 stores.
Going-out-of-business sales at 136 closing J.C. Penney stores begin Wednesday, the department store chain announced.
The discounts range from 25 to 40% off original prices storewide. All sales […]

Continue Reading >J.C. Penney liquidation sales at 136 closing stores underway

The Retail Liquidations—Neiman’s, J.Crew, Pier 1, More—Are About To Start Flowing

The Retail Liquidations—Neiman’s, J.Crew, Pier 1, More—Are About To Start Flowing
By Warren Shoulberg Senior Contributor

Maybe liquidation-a-go-go is too flippant for such a tragedy. But it does fit.As the number of retail bankruptcies start to pile up from companies whose final destruction was caused by the coronavirus pandemic, we are about to see a massive round of close-out/going-out-of-business/liquidation sales. It’s likely to be the largest such wave […]

Continue Reading >The Retail Liquidations—Neiman’s, J.Crew, Pier 1, More—Are About To Start Flowing

Tiger Group to Auction Professional AV Gear from Camera Division, Cinema Verde

Tiger Group to Auction Professional AV Gear from Camera Division, Cinema Verde
Surplus professional AV production gear from equipment rental and production houses The Camera Division and Cinema Verde Productions are hitting the block on June 16 in a combined online-only auction conducted by Tiger Group.

The sale will feature cameras, lighting, heads, matte boxes, jib arms monitors, electrical and grip equipment, a production truck, and an […]

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Tiger Liquidity Services Warns of Risks of Excess Assets in Biopharma Sector

Tiger Liquidity Services Warns of Risks of Excess Assets in Biopharma Sector
Analysis by Tiger Liquidity Services Biopharma Partnership underscores the strategic value to hedge funds, private equity firms, asset-based lenders, and bankruptcy professionals of leveraging asset-valuation and disposition in the biopharma/pharmaceutical space

Tiger Liquidity Services Biopharma Partnership has issued a primer on how investors and lenders can bolster the position of biopharmaceutical firms by leveraging asset […]

Continue Reading >Tiger Liquidity Services Warns of Risks of Excess Assets in Biopharma Sector

Tiger Group Selling Surplus Equipment from Ongoing Operations of Leading CBD and Cannabis Manufacturer

Tiger Group Selling Surplus Equipment from Ongoing Operations of Leading CBD and Cannabis Manufacturer
Sale features late-model M&E for use in cannabis, biopharma and other industries from facilities in Arizona, Florida and Nevada.

Tiger Group is now liquidating well-maintained, late-model machinery and equipment surplus to the ongoing operations of a leading dispenser and manufacturer of Cannabidiol (CBD) products, with a range of value-add uses in the cannabis […]

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Assets from former ECS Refining plant in California up for bid

Assets from former ECS Refining plant in California up for bid
Buyers can acquire processing equipment from ECS’ former Stockton, California, plant turnkey or piecemeal.
Tiger Group, headquartered in New York, in partnership with Aaron Equipment, Rosen Systems and Perry Videx, says it is accepting bids for ECS Refining’s former recycling plant on South Sinclair Avenue in Stockton, California.

ECS filed for Chapter 11 bankruptcy protection in 2018 and […]

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In a Pandemic, Food, Booze and Guns Retain Value Best

In a Pandemic, Food, Booze and Guns Retain Value Best
Apparel, accessories and footwear are riskier assets to finance, liquidation firm Tiger Capital Group finds
By Aisha Al-Muslim

Updated May 6, 2020 8:03 am ET

Loans backed by food, alcohol and guns are holding up better than debt tied to other merchandise as shoppers increasingly turn to these goods amid coronavirus social-distancing restrictions.

Purveyors of food and beverages such as supermarkets, […]

Continue Reading >In a Pandemic, Food, Booze and Guns Retain Value Best

Tiger Group Attained New Highs in Numbers of Bidders for March Online Auctions of Professional A/V Equipment

Tiger Group Attained New Highs in Numbers of Bidders for March Online Auctions of Professional A/V Equipment
LOS ANGELES (5/4/20) –Indicative of how online auctions can be an effective and safe way to market select commercial and industrial assets during the COVID-19 pandemic, Tiger Group reported that it attained new highs in the numbers of bidders during two sales it held in March for surplus professional-grade […]

Continue Reading >Tiger Group Attained New Highs in Numbers of Bidders for March Online Auctions of Professional A/V Equipment

Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19

Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19

NEW YORK, April 22, 2020 /PRNewswire via COMTEX/ — NEW YORK, April 22, 2020 /PRNewswire/ — COVID-19 will cause a huge spike in asset dispositions across multiple sectors once the economic recovery begins, advised Dan Kane, Co-Founder and Managing Member of Tiger Capital Group, in a podcast interview with The […]

Continue Reading >Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19