Metropolitan Furniture closing last Houston store

Metropolitan Furniture closing last Houston store
E-commerce disruption, national competitors played into retreat
By Clint Engel

HOUSTON — Metropolitan Furniture here is closing its flagship and only remaining store here after 73 years in business. The family-owned retailer, founded by brothers Harry, Sammy and Hymie Abramson in 1946, hired Tiger Capital Group to run the Going-out-of-Business sales at its 60,000-square-foot showroom at 7400 North Freeway in Houston.

Most recently […]

Liquidation 101: Sorting Fact from Fiction

Liquidation 101: Sorting Fact from Fiction

When asked what I do for a living, I usually explain that I started as a bankruptcy and corporate attorney and now work as an asset-disposition executive for a global firm called Tiger Capital Group. If the inquiry comes from a financial-sector professional, I’ll get a quick nod of understanding. Often, though, I’m met with a blank stare. “Part of […]

High-Quality, Professionally Maintained Event Projectors and Lenses Available in Major Liquidation Sale

Tiger Group selling excess equipment from entertainment and event production technology leaders PRG and VER

LOS ANGELES, Feb. 28, 2019 /PRNewswire/ — Convention centers, theaters, religious organizations, nightclub owners, and others can snatch up pro-level projection equipment at a steep discount when Tiger Group liquidates high-quality projectors and lenses from PRG, the global leader in production services and solutions, and VER, the largest provider of rental equipment to […]

How Debt Plays an Outsized Role in Retail Bankruptcies

Retail and the Debt ‘Tipping Point’

The unsettling headlines in retail just keep on coming. One of the latest going-out-of-business events—the closing of Payless ShoeSource’s North American operations—stands as the largest liquidation by store count in U.S. history. My firm, Tiger Capital Group, along with joint venture partner Great American Group, began liquidating $1 billion in inventory at 2,300 Payless stores this past February. The sale […]

Store Closing Sale To Begin At The Dump In Turnersville, NJ

The Dump consolidating Philly footprint
Will close one store and launch a new high-end concept in the other

Clint Engel, February 28, 2019

PHILADELPHIA — The Dump, part of Top 100 Haynes Furniture, is liquidating one Philadelphia market store and selling off inventory at the other with plans to introduce a new concept in a single market store.

The off-price retailer will begin a store closing at its 89,000-square-foot […]