Corporate – Page 8 – Tiger Group

Tiger Capital Group Appoints New General Counsel

Mark Naughton has joined Tiger Capital Group as Senior General Counsel. The veteran in-house and outside counsel comes to the New York-headquartered asset valuation, advisory and disposition services firm with over 14 years’ experience in asset disposition projects and 30 years of experience in bankruptcy-related services. He represents debtors, trustees, secured creditors, creditors’ committees, and unsecured creditors in […]

By David Flood

Tiger Group to Host Auction of Film Equipment for Schumacher Camera

Tiger Group to Host Auction of Film Equipment for Schumacher Camera
By order of Steven A. Nerger, court-appointed receiver for Schumacher Camera, Tiger Group will conduct an online-only sale on May 25th of hundreds of professionally maintained film production cameras and related equipment from companies like ARRI, Canon, Optex, and Zeiss. This unique opportunity features high-end digital and film cameras, lenses, fluid heads, monitors and accessories.

Online […]

By David Flood

Read more about the article For Sports Retailers, Clock Has Run Out

USA Today

Corporate / News / Retail

For Sports Retailers, Clock Has Run Out

For sports retailers, clock has run out
Just one major chain, Dick’s is flourishing as others fall victim to online competition
BY NATHAN BOMEY USA TODAY

Sporting goods stores are down for the count.

The scourge of insolvency is sweeping through the sector as online sellers gain the upper hand over yet another corner of retail just recently dominated by big-box chains, specialty stores and mom-and-pop shops.

Yet another general sporting […]

By David Flood

Corporate / Industrial / News

Brand Revival

Brand Revival
Investors and entrepreneurs are buying up the intellectual property assets of bankrupt retail brands, with some aiming to resurrect them as web-only retailers.
BY MATT LINDNER Associate Editor

Half the retailers that file for bankruptcy don’t emerge from it, according to a 2016 study of 30 U.S. retailers by credit rating agency Fitch Ratings Inc. That leaves the court system to oversee the liquidation of any sellable […]

By David Flood

Corporate / Industrial / News

Equipment from Former Flexible Packaging and Printing Plant Hits Auction Block

Equipment from Former Flexible Packaging and Printing Plant Hits Auction Block
Tiger Group and New Mill Capital to sell all equipment from global flexible packaging company’s former St. Louis-area plant on March 8th and 9th via online auction; 260,000-square-foot plant on 30 acres also offered for sale or lease.

HAZELWOOD, Mo., Feb. 22, 2017 /PRNewswire/ — Tiger Group and New Mill Capital will conduct an online-only sale […]

By David Flood

Corporate / News / Retail

MC Sports to Liquidate All 66 Stores

MC Sports to Liquidate All 66 Stores
Going Out of Business sale by Tiger Group and Great American Group brings discounts on top-name brands to shoppers in Ohio, Michigan, Indiana, Illinois, Iowa, Wisconsin and Missouri.

GRAND RAPIDS, Mich. (2/17/17)—MC Sports is closing all 66 of its stores across the Midwest, providing shoppers in seven states with significant discounts on over $110 million of top-name sporting goods and […]

By David Flood

Corporate / Industrial / News

Tiger Capital Group to Auction Assets of ITT Educational Services

Tiger Capital Group to Auction Assets of ITT Educational Services
–Well-maintained furniture, fixtures and equipment consolidated from 106 locations to warehouse sites in Florida, Maryland and Oklahoma available in three online auctions
By order of the Bankruptcy Trustee of ITT Educational Services, Tiger Capital Group is conducting three online auctions next month for furniture, fixtures and equipment from the nationwide career college. The assets have […]

By Deb Andler

Corporate / News / Retail

Have No Fear: Why the Rise of Amazon Is Good For the ABL Sector

Have No Fear: Why the Rise of Amazon Is Good For the ABL Sector
By Andy Babcock and Ryan Davis
The metamorphosis of Amazon from a bookseller to one of the largest retailers on the planet has permanently changed the business landscape. Yet ABL lenders have hesitated to lend against inventory held at Amazon’s warehouses. Tiger Capital’s Andy Babcock and Ryan Davis assuage lenders’ fears. They explain […]

By David Flood

Corporate / News / Retail

Store Closing Sales Begin at 59 Golfsmith Locations Nationwide

Store Closing Sales Begin at 59 Golfsmith Locations Nationwide
Gordon Brothers, Hilco Merchant Resources and Tiger Capital Group managing complete liquidation of inventory, fixtures and equipment at all closing stores.
NORTHBROOK, ILL., Nov. 3, 2016 (GLOBE NEWSWIRE) — Store closing sales have just started at 59 Golfsmith stores throughout the nation. Storewide discounts of up to 30% off original prices of all merchandise are being offered at every closing […]

By Deb Andler

Corporate / News / Retail

Iconic Smith Bros. Store To Liquidate All Inventory In Retirement Sale

Iconic Smith Bros. Store To Liquidate All Inventory In Retirement Sale
–Beloved, 38-year-old location to close; once-in-a-lifetime discounts available on horse tack and equipment, boots and apparel, roping and barrel-racing products, horse care supplies and much more.
DENTON, Texas (10/13/16)—After 38 years, Smith Bros.—the Western riding retailer beloved by riders, ranchers, ropers, barrel-racers and other horse enthusiasts from across North Texas and Southern Oklahoma—is selling all inventory […]

By Deb Andler