A&G Realty Partners to Manage Sale of 230 Bon-Ton Stores

A&G Realty Partners to Manage Sale of 230 Bon-Ton Stores
MELVILLE, N.Y., May 8, 2018 –A&G Realty Partners has been retained to dispose all of the real estate assets of The Bon-Ton Stores, Inc., on behalf of a joint venture between Great American Group, LLC (a subsidiary of B. Riley Financial, Inc.),  Tiger Capital Group, LLC and Bon-Ton’s Second Lien Noteholders. The joint venture acquired the retailer’s assets on […]

Court Approves 363 Sale of The Bon-Ton Stores to Second-Lien Group, Tiger Capital, Great American

Court Approves 363 Sale of The Bon-Ton Stores to Second-Lien Group, Tiger Capital, Great American
MILWAUKEE, April 18, 2018 — The Bon-Ton Stores, Inc. announced that the U.S. Bankruptcy Court for the District of Delaware has approved an asset purchase agreement between the Company and a joint venture composed of the holders of the Company’s 8.0% Second Lien Secured Notes due 2021 and Great American Group, LLC  and […]

Toys ‘R’ Us Winds Down U.S. Business, Will Liquidate 735 Stores

Toys “R” Us Winds Down U.S. Business, Will Liquidate 735 Stores
Boston, March 15, 2018 — Toys “R” Us filed a motion seeking bankruptcy court approval to begin the process of conducting an orderly wind-down of its U.S. business and liquidation of inventory in all 735 of the company’s U.S. stores, including stores in Puerto Rico. Toys “R” Us will provide more details about the plans for the […]

Tiger Group Expert: Retail’s Downward Slide to Continue in 2018

 Tiger Group Expert: Retail’s Downward Slide to Continue in 2018
NEW YORK, Feb. 28, 2018 /PRNewswire/ — Retailer bankruptcy filings in 2017 approached numbers not seen since the Great Recession—a trend that will continue for the rest of this year and likely into 2019 as well, writes Michael McGrail, Chief Operating Officer of Tiger Group, in a column for ABL Advisor, an online publication serving the asset-based […]

Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List

Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List
Toys “R” Us will soon be hosting going-out-of-business sales at over 150 of its stores across the country.

The chain’s CEO David Brandon announced on Tuesday that the toy retailer would be closing a number of its stores after filing for bankruptcy, planning to close a total of some 180 […]