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 […]

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. […]

Tiger Capital Group, B. Riley Retail Solutions Conducting GOB Sales at All 25 Stock+Field Stores in Midwest

Tiger Capital Group, B. Riley Retail Solutions Conducting GOB Sales at All 25 Stock+Field Stores in Midwest
Going-out-of-business sales are underway at all 25 Stock+Field stores across the Midwest—an opportunity for enthusiasts of the rural lifestyle to find bargains on thousands of premier items in categories such as farm supplies, outdoor power equipment, lawn and garden, hardware/tools, home, sporting goods, and apparel/footwear.

A joint venture of Tiger […]

Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process 

Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process
Houston-based specialty apparel retailer Francesca’s Holding Corp. is one step closer to selling its business to a private investor.
Copyright 2021 Houston Business Journal. All Rights Reserved.

The U.S. Bankruptcy Court fo the District of Delaware has approved the company’s auction process, Francesca’s announced Jan. 8. Bids are due by 4 p.m. Eastern Time on Jan. 13, […]

Canadian Mall Owners Could Buy Key Tenants in Months Ahead, Tiger Group Executive

Canadian Mall Owners Could Buy Key Tenants in Months Ahead, Tiger Group Executive
Canadian mall owners are well-positioned to acquire key retail tenants in their portfolios in the months ahead, said Bradley W. Snyder, a Tiger Group Executive Managing Director, during a retail-focused webinar hosted by Insolvency Insider.

Mall landlords across North America need to avoid triggering co-tenancy provisions that allow other tenants to pay lower rents […]