U.S. Retail Stores’ Planned Closings Already Exceed 2018 Total
By Sapna Maheshwari
As an executive vice president at Great American Group, a firm that helps liquidate the merchandise, clothing racks and mannequins at stores that are closing, Ryan Mulcunry has been watching booms and busts in the retail industry for almost two decades.
Companies like his have been busy in recent years, but lately one thing has been missing.
“In […]
Tiger Capital Group Promotes Eight Executives to Managing Director
Those named managing director are: Bruce Armbruster, director of marketing; Andy Babcock, director of Capital Solutions; John Cronin, director of Planning and Analysis; Ryan Davis, director of Appraisals; Arnold L. Jacobs, director, Field Operations & Merchandising; Ana Leon, director of Operations; Fred Raccosta, director of business development; and Jason Rae, director of business development.
The executives, who are […]
Tiger Group to Sell Assets Formerly Owned by Zacky Farms in Two Auctions
Pursuant to a UCC foreclosure process, Tiger Group in cooperation with Barliant Auctions, is now accepting bids for a live online auction on March 5 for more than 200 units of well-maintained — as new as 2016 — rolling stock and farm equipment, including truck and farm tractors, poultry haulers, feed trailers, water […]
Four New Members Elected to Greenway Conservancy Board
The Rose Kennedy Greenway Conservancy, the non-profit responsible for management and care of the Greenway, has announced four new members will join its Board of Directors beginning January 1, 2019.
North End resident Carmine Guarino was nominated by the North End Waterfront Neighborhood Council (NEWNC). Guarino will join the Board with Bradley W. Snyder who was nominated by the […]
Tiger Capital Group – Diversifying to Meet Evolving Market Demands
Over the past several years, Tiger Capital Group has been a partner in some of the most high-profile retail liquidations and store closing sales – everything from the recent Toys ‘R’ Us and Bon-Ton GOBs to Sears Canada, Gymboree, Gander Mountain, HH Gregg, Bebe, PayLess Shoe, and Gordman’s. But there’s a great deal more to the […]
Lenders Can Find Additional Capacity by Tapping The Collateral Value of Brands and IP, Tiger Group Exec Tells CFA
WASHINGTON, Nov. 5, 2018 /PRNewswire/ — Tapping new sources of collateral is the key to gaining an edge in today’s hypercompetitive asset-based lending sector, noted Bradley W. Snyder, Executive Managing Director of Tiger Group, during a panel sponsored by the new Washington chapter of the Commercial Finance […]
Regional home-improvement/furnishings chain liquidating
Home Owners Bargain Outlet is going out of business.
The chain, which filed for Chapter 11 bankruptcy protection on October 26, 2018, is closing its seven stores (five in the Chicago area and two in Wisconsin). Joint venture partners Tiger Group, Great American Group (a subsidiary of B. Riley Financial) and HyperAMS are liquidating HOBO’s entire inventory of about 1.5 million items (valued […]
Tiger Group to Host Auction for Legendary Camera Rental Firm, Birns & Sawyer
Tiger Group is currently accepting offers for a sealed-bid offering of the iconic TV and film production equipment rental and sales house Birns & Sawyer following the retirement of the business’ owner. All assets are being offered as a turnkey opportunity, with bids due by October 16th.
Founded in 1954, Birns & Sawyer is […]
Late-Model Tractor Truck and Tank Trailer Fleet Up For Sale
Tiger Group to sell over 30 oilfield tractor trucks, crude oil tankers formerly owned by S&S Heavy Haul in September 25 online auction
IDAHO FALLS, Idaho, Sept. 18, 2018 /PRNewswire/ — By order of the U.S. Bankruptcy Court, Tiger Group in cooperation with Liquidity Services is conducting an online-only offering of late-model Kenworth, Peterbilt and other oilfield tractor […]
Trends in Major Retail Liquidations: Potential Unintended Consequences
By: Jack Rapp
Date: Sep 06, 2018 @ 07:00 AM
The Toys ‘R’ Us liquidation conducted this year was remarkable for its scale. It involved more than 800 stores and hinged on the combined efforts of Tiger Capital Group, Great American Group, Hilco Merchant Resources and Gordon Brothers. However, it was noteworthy for another reason—instead of guaranteeing results through an […]
