Going-out-of-business Sales Under Way At All 50 XS Cargo Stores Throughout Canada

Going-out-of-business Sales Under Way At All 50 XS Cargo Stores Throughout Canada
Savings of up to 40% offered on the deep-discount chain’s wide range of merchandise; Tiger Capital Group directing G-O-B sale

MISSISSAUGA, Ont. (9/29/14)—Going-out-of-business sales are now under way in all 50 stores operated by XS Cargo Company, the Canadian deep-discount store chain that had filed for protection against creditors on July 30, 2014.

“Unfortunately, efforts to […]

Continue Reading >Going-out-of-business Sales Under Way At All 50 XS Cargo Stores Throughout Canada

Bob DeAngelis Writes Feature on The Changing Liquidation Landscape

Disposition Firms Are Leaving ‘No Stone Unturned’ to Maximize Value
–Amid fierce competition for deals in a flat economy, firms use strategic partnerships to arrange turnkey, going-concern sales and take other unconventional steps to enhance recoveries, Tiger Group exec writes.

BOSTON (7/29/14)—Disposition firms have always been aggressive about the pursuit of deals. But in today’s highly competitive market, they are becoming increasingly resourceful with a view toward […]

Continue Reading >Bob DeAngelis Writes Feature on The Changing Liquidation Landscape

Auction Set For Assets Of Sandia Drilling Company

Auction Set for Assets of West Texas Drilling Company
Tiger Group, Auction Resolutions and PPL Group to conduct live webcast auction of Sandia Drilling’s assets on July 1

MIDLAND, Texas (6/17/14)—By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division, Auction Resolutions LLC and PPL Group LLC will conduct a live webcast auction at 10:30 a.m. (CT) on July 1 for four complete trailer-mounted drilling […]

Continue Reading >Auction Set For Assets Of Sandia Drilling Company

Assets Of Bankrupt Tandy Brands Up for Sale

Former Assets of Bankrupt Tandy Brands Accessoires up for Sale
Tiger Group conducting online auction for late model networking, telecom, office and warehouse equipment from fashion accessories manufacturer and marketer. Bids close April 10.

DALLAS (4/2/14) —Tiger Group’s Remarketing Services Division is auctioning late-model material handling equipment; contemporary office furnishings; data capture, network, server and telecommunications equipment; complete cafeteria, fitness center and other assets from the corporate […]

Continue Reading >Assets Of Bankrupt Tandy Brands Up for Sale

Going Out Of Business Sale To Begin At All 39 Loehmann’s Stores

Going-out-of-business Sale To Begin January 9 At All 39 Loehmann’s Stores In 11 States And D.C.
–Shoppers can seize once-in-a-lifetime discounts on men’s and women’s designer clothes

NEW YORK, N.Y. (1/8/14) – After almost 93 years, Loehmann’s, the premier upscale off-price specialty retailer that originated the concept, is going out of business.

The U.S. Bankruptcy Court in Manhattan approved an order authorizing a joint venture formed by Tiger […]

Continue Reading >Going Out Of Business Sale To Begin At All 39 Loehmann’s Stores

Fresh Produce To Emerge From Bankruptcy With Smaller Store Base

Fresh Produce To Emerge From Bankruptcy With Smaller Store Base

By Alicia Wallace | awallace@denverpost.com
May 22, 2015

Boulder-based Fresh Produce Sportswear is expected to emerge from bankruptcy but will do so as a slimmer firm.

Fresh Produce Holdings LLC officials said the firm received approval from a federal bankruptcy judge for two asset sales:

• Blues Stripe LLC, an investment group that includes the founders of Fresh Produce and […]

Continue Reading >Fresh Produce To Emerge From Bankruptcy With Smaller Store Base

Sale Set For Remaining Assets Of Major Jewelry Distributor

Sale Set For Remaining Assets Of Major Jewelry Distributor
–Tiger Group and PPL to conduct online sale of Lia Sophia’s Illinois corporate office, fulfillment center

ROSELLE, Ill. (5/20/15)—Following the successful completion of the bulk and online auction sale of equipment and other assets from Lia Sophia’s Richmond Hill, Ontario distribution center, Tiger Group’s Remarketing Services Division and PPL Group are conducting an online sale of equipment and […]

Continue Reading >Sale Set For Remaining Assets Of Major Jewelry Distributor

Gift Cards Can Be a Form of ‘Free Advertising’ for GOB Sales, Writes Veteran Liquidator

Gift Cards Can Be a Form of ‘Free Advertising’ for GOB Sales, writes veteran liquidator
In article for leading asset-based lending magazine, Tiger Capital Group’s Michael McGrail cites advantages of honoring gift cards during liquidation sales.

BOSTON (6/18/14)—When retail stores are in liquidation, creditors often see honoring customers’ gift cards as a losing proposition, to put it mildly. But in the May/June issue of ABF Journal, Tiger […]

Continue Reading >Gift Cards Can Be a Form of ‘Free Advertising’ for GOB Sales, Writes Veteran Liquidator