When Ron Johnson took the helm at J.C. Penney, he told The Wall Street Journal about his high hopes for the chain. “The department store is king of the hill in most countries I go to,” he said. “That’s what ... Read More
Metals: Keeping market value in proper perspective
06/15/2015
For just about anybody in the business world, the term “metals” immediately calls to mind the fast-paced trading action of places like the London Metals Exchange, where fortunes rise and fall each day based on the flux in demand for ... Read More
New Rules for Remarketing M&E, Inventory and IP
06/15/2015
When creditors hired Tiger Group to liquidate the assets of Sherwood Brands, a U.S. candy manufacturer and distributor, the sale followed what might be thought of as today’s “new rules for maximizing asset recovery.” These new rules reflect the expanded ... Read More
No Stone Unturned: Maximizing Value by Being Aggressive and Creative
06/15/2015
This past June, the equipment and inventory formerly owned by bankrupt Quantum Foods in three Bolingbrook, Ill., buildings fetched in excess of $13 million in a turnkey, going-concern sale to West Liberty Foods, LLC. The transaction, coordinated by Tiger Group, ... Read More
A Lender’s ‘Eyes and Ears’: Field Visits by Expert Teams Can Boost Appraisal Accuracy
06/15/2015
Thanks to the astonishing growth in the power and complexity of data-gathering technologies, the role of analytics is looming larger than ever at businesses of all types and sizes. Indeed, c-suites everywhere buzz with talk of “big data” and its ... Read More
Game Over?: Downloading Poses Threat to Video Game Stores and Related Collateral
06/15/2015
Explosions and firefights are part and parcel of today’s videogames, but a different sort of “creative destruction” is at play within the industry itself. After decades in which video games were available mostly on physical media like discs and cartridges, ... Read More
The double edged sword: Assessing the potential value of ‘ineligible inventory’
06/15/2015
Ineligible inventory – a category of assets that banks avoid lending against – can represent a double-edged sword for asset-based lenders. On the one hand, lenders know that when they don’t lend against such items as raw materials, samples, in-transit ... Read More
Teen apparel retailers embrace fast fashion
06/15/2015
Mall-based teen apparel retailers have struggled over the past few years amid growing competition from lower-priced “fast-fashion” chains such as H&M and Forever 21, as well as the likes of off-price retailer TJ Maxx and Internet players ranging from Amazon ... Read More
Value of Script Lists On The Upswing
06/15/2015
In an ongoing effort to capitalize on the rapidly expanding prescription drug market in the U.S., pharmacy operators are placing a premium on prescription volume. A given pharmacy location’s volume is represented by the prescription file — also known as ... Read More
Fracking and Shale; M&E Appraisers Need to Understand that Not All Drill Sites are Created Equal
06/15/2015
For the past several years, high-volume hydraulic fracturing (aka “fracking”) has helped the U.S. energy sector extract more and more petroleum and natural gas from shale and other deposits deep beneath the surface of the earth. The development of this ... Read More