New York & Company Store Closing Sales Begin with Deep Discounts

New York & Company Store Closing Sales Begin with Deep Discounts

LOS ANGELES, July 28, 2020 /PRNewswire/ — B. Riley Financial, Inc. (NASDAQ:RILY) (“B. Riley”) affiliate, Great American Group, and Tiger Capital Group today announced that store closing sales have begun at all New York & Company retail locations across the United States. The firms are conducting liquidation sales across approximately 380 store locations in connection with the recent bankruptcy […]

US Liquidators Give Retailers ‘sticker shock’ over Unsold Goods

US liquidators give retailers ‘sticker shock’ over unsold goods
Retailers are turning to liquidators to offload stock but are alarmed at how little they pay
America’s largest liquidation firms say retailers have been inundating them with calls to offload goods following weeks of lockdown, only to balk at the ultra-low prices they are offering to take inventory off their hands. Coronavirus upended retailers’ inventory planning, leaving goods […]

Tiger Group MD Named to SFNet’s ‘40 Under 40’

Tiger Group MD Named to SFNet’s ‘40 Under 40’

Ryan Davis, Managing Director of Valuation Services at Tiger Group, has been named a ‘40 Under 40’ recipient in the 2020 awards program from The Secured Finance Network (SFNet), the professional association of the secured lending industry.

“The SFNet 40 Under 40 Awards, established in 2016, celebrate the achievements of young professionals in the secured finance industry — […]

Tiger Group Sets Online Auction for Assets of Plastics Painting Plant

Tiger Group Sets Online Auction for Assets of Plastics Painting Plant
GRAND RAPIDS, Mich., July 8, 2020 /PRNewswire/ — Tiger Group will begin accepting bids on July 14 for a live online auction of selected assets to the continuing operations of Spectrum Cubic (a subsidiary of Spectrum Industries), a graphic decorating and painting company that services the plastics industry.

The auction, which gets underway at 10:30 a.m. (EDT) on […]

Retail Inventory Valuations Bounced Back During Re-Openings

Retail Inventory Valuations Bounced Back During Re-Openings

By Marianne Wilson – 07/07/2020

Retail inventory valuations bounced back quickly to surprising health levels quickly in May and June. As large numbers of Americans responded to retail re-openings by hunting for bargains at liquidation sales.

That’s according to executives from Tiger Capital Group, who participated in a webinar with analysts from Goldman Sachs that focused on U.S. retail liquidations and […]