Tiger Capital’s Gail Glave on the Art of Liquidations

Tiger Capital’s Gail Glave on the Art of Liquidations
Beyond just putting up signs and accelerating markdowns, liquidations require analysis, a merchant’s perspective and store operations know-how.
By David Moin on March 23, 2021

The Tiger Capital Group is in the business of liquidating retailers — and sometimes rescuing them. “Liquidations are our bread and butter, along with asset-based appraisals. They work very well together,” said Gail Glave, managing director of the Tiger Capital Group. […]

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Tiger Capital Group, B. Riley Retail Solutions Conducting GOB Sales at All 25 Stock+Field Stores in Midwest

Tiger Capital Group, B. Riley Retail Solutions Conducting GOB Sales at All 25 Stock+Field Stores in Midwest
Going-out-of-business sales are underway at all 25 Stock+Field stores across the Midwest—an opportunity for enthusiasts of the rural lifestyle to find bargains on thousands of premier items in categories such as farm supplies, outdoor power equipment, lawn and garden, hardware/tools, home, sporting goods, and apparel/footwear.

A joint venture of Tiger […]

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Read more about the article Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process 
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Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process 

Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process
Houston-based specialty apparel retailer Francesca’s Holding Corp. is one step closer to selling its business to a private investor.
Copyright 2021 Houston Business Journal. All Rights Reserved.

The U.S. Bankruptcy Court fo the District of Delaware has approved the company’s auction process, Francesca’s announced Jan. 8. Bids are due by 4 p.m. Eastern Time on Jan. 13, […]

Continue Reading >Francesca’s enters stalking-horse agreement, gets bankruptcy court’s OK for sale process 

Canadian Mall Owners Could Buy Key Tenants in Months Ahead, Tiger Group Executive

Canadian Mall Owners Could Buy Key Tenants in Months Ahead, Tiger Group Executive
Canadian mall owners are well-positioned to acquire key retail tenants in their portfolios in the months ahead, said Bradley W. Snyder, a Tiger Group Executive Managing Director, during a retail-focused webinar hosted by Insolvency Insider.

Mall landlords across North America need to avoid triggering co-tenancy provisions that allow other tenants to pay lower rents […]

Continue Reading >Canadian Mall Owners Could Buy Key Tenants in Months Ahead, Tiger Group Executive

Tiger Group COO Reflects on Retail in the Age of COVID-19

Tiger Group COO Reflects on Retail in the Age of COVID-19
Throughout the pandemic, Tiger Group has been on the front lines of headline-making retail dispositions, from selective store-closure projects involving JCPenney, GNC and Sur La Table, to chainwide liquidations for the likes of New York & Co., Modell’s, Barney’s and Stein Mart.

ABL Advisor sat down with Michael McGrail, Chief Operating Officer, for his take on […]

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Bankrupt retailers face a new hurdle: Getting rid of inventory

Bankrupt retailers face a new hurdle: Getting rid of inventory

Deep discounts and liquidation sales are no longer enough to lure customers

 

By: Abha Bhattarai

September 8, 2020 at 7:00 a.m. EDT

The nation’s bricks-and-mortar retailers were undergoing a reckoning years before the pandemic led to shutdowns and a tanking economy, tipping more than a dozen major retailers into bankruptcy and prompting many others to thin their ranks.

The result: […]

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A Total of 44 Retailers Have Already Filed for Bankruptcy This Year and Many Others are Expected to Follow

A Total of 44 Retailers Have Already Filed for Bankruptcy This Year and Many Others are Expected to Follow
EXCERPT: ADVERTISER NEWS | MONDAY AUGUST 24, 2020

The coronavirus pandemic is upending the way U.S. consumers shop and the holidays will be no exception as major retailers and shippers roll out their earliest-ever shopping season. Target, Best Buy and Kohl’s have moved winter holiday promotions up to as […]

Continue Reading >A Total of 44 Retailers Have Already Filed for Bankruptcy This Year and Many Others are Expected to Follow

Stein Mart to Close 279 Locations Through Going Out of Business Sales

Stein Mart to Close 279 Locations Through Going Out of Business Sales

Stein Mart filed for Chapter 11 reorganization and authorized going out of business sales by a joint venture comprising Gordon Brothers, Hilco Merchant Resources, Tiger Capital Group, B. Riley Financial’s Great American Group and SB360 Capital Partners. The sale process is underway at all 279 Stein Mart locations across the U.S.

Founded in 1908, Stein […]

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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 […]

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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 […]

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