Stiffed Vendors Get Tough With U.S. Retailers After Big Losses

Stiffed Vendors Get Tough With U.S. Retailers After Big Losses
(Bloomberg) — As U.S. retailers celebrate a boom lifting one of the pandemic’s hardest-hit sectors, scars left by a year of bankruptcies and delayed vendor payments could threaten to undermine their recovery — just as the crucial back-to-school shopping season begins.

After watching their receivables mount last year, vendors of apparel and other goods demanded change. In […]

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Tiger Promotes Schloemer to Director of Business Development for Midwest

Tiger Promotes Schloemer to Director of Business Development for Midwest
April 21, 2021, 08:10 AM

Eric Schloemer has been promoted to Director of Business Development for Tiger Group, which specializes in a variety of asset dispositions and valuations, as well as secured debt financing and equity investments. The 14-year veteran of the financial services industry was previously a Senior Associate in Tiger’s Valuation Services division.

Schloemer, who will […]

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Tiger Group to Auction Garment Printing Equipment from Gate NY

Tiger Group to Auction Garment Printing Equipment from Gate NY
Tiger Group is accepting bids for its April 15 online auction of assets from Holbrook, NY-based embroidery and garment-printing company Gate NY, which had been a drop-ship location for garment distributors from across the Northeast.
Highlights of the auction include screen-printing machines, flash cures, dryers, folders and accessories by brands such as MHM, M&R, Dane, Hix, Interchange, […]

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Tiger Group Selling Robot-Automated Parts-Coating Lines and Other Assets Formerly Owned by Wheel Specialist Winona PVD Coatings

Tiger Group Selling Robot-Automated Parts-Coating Lines and Other Assets Formerly Owned by Wheel Specialist Winona PVD Coatings
Automotive or other operators that need to coat or wash parts can submit bids now for Winona’s adaptable lines; office, plant support and material-handling equipment also available
NEW YORK, March 22, 2021 /PRNewswire/ — Tiger Group is now accepting bulk offers for four robot-automated parts-washing, powder-coating and vacuum metallizing lines formerly […]

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Tiger Capital’s Gail Glave on the Art of Liquidations

Tiger Capital’s Gail Glave on the Art of Liquidations
Beyond just putting up signs and accelerating markdowns, liquidations require analysis, a merchant’s perspective and store operations know-how.
By David Moin on March 23, 2021

The Tiger Capital Group is in the business of liquidating retailers — and sometimes rescuing them. “Liquidations are our bread and butter, along with asset-based appraisals. They work very well together,” said Gail Glave, managing director of the Tiger Capital Group. […]

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Read more about the article Tiger Group Online Auction On March 30 Features Advanced Knitting, Dyeing And Finishing Equipment From Montréal-Based Tricots-Liesse
textile world

Tiger Group Online Auction On March 30 Features Advanced Knitting, Dyeing And Finishing Equipment From Montréal-Based Tricots-Liesse

Tiger Group Online Auction On March 30 Features Advanced Knitting, Dyeing And Finishing Equipment From Montréal-Based Tricots-Liesse
 

MONTRÉAL — March 16, 2021 — Tiger Group will begin  accepting bids on March 23 for the March 30 online auction of assets from one of the best-known knitting, dyeing and finishing operations in the North American textile industry—the 250,000-square-foot Tricots-Liesse plant at 2125 Lily-Simon.

The auction represents a rare opportunity to acquire state-of-the-art […]

Continue Reading >Tiger Group Online Auction On March 30 Features Advanced Knitting, Dyeing And Finishing Equipment From Montréal-Based Tricots-Liesse

Andrew Cerussi Joins Tiger Financial as Managing Director

Andrew Cerussi Joins Tiger Financial as Managing Director
Andrew (Andy) Cerussi has joined Tiger Financial, LLC as a Managing Director. Tiger Financial is an affiliate of Tiger Capital Group, the asset valuation and financial services firm.

From his base in Tiger’s Boston office, the 20-year veteran of the asset-based lending and financial services industries will focus on identifying both secured debt financing and equity capital opportunities. Tiger […]

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Tiger Group Online Auction on March 9 Features Heavy Equipment, Tools and Rolling Stock from Advanced Pavement Group

Tiger Group Online Auction on March 9 Features Heavy Equipment, Tools and Rolling Stock from Advanced Pavement Group
With assets located in Pennsylvania, New York, New Jersey and Delaware, the online- only auction includes milling machines, loaders, sweepers, rollers, excavators, dozers, trucks, shop equipment, parts and more.
LOS ANGELES (3/1/21)—Tiger Group will begin accepting bids on March 2 for a March 9 online auction of heavy equipment, […]

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Tiger Group Achieves Record Sales of Pro-Grade Audiovisual Gear in 2020

Tiger Group Achieves Record Sales of Pro-Grade Audiovisual Gear in 2020
February 22, 2021

Firm’s AV practice posts 37.9% increase in total dollar volume in 2020; highlights include auction of $15 million in gear from one of Canada’s top live-event rental production houses.
Tiger Group’s Commercial & Industrial (C&I) Division posted record sales of pro-grade audiovisual equipment in 2020, due in part to the need for live-event production […]

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Tiger Group to Auction Frozen, Refrigerated, Dry Food Products from Cruise Industry Supplier

Tiger Group to Auction Frozen, Refrigerated, Dry Food Products from Cruise Industry Supplier
Tiger Group is offering over $11 million (at retail) in commercial foods in a Feb.  23 online auction of the remaining inventory from cruise industry supplier Kansas Marine Co.’s soon-to-close Miami distribution center. The offering features over 40 million pieces of consumable food items, including frozen products, canned goods, proteins, dry food products […]

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