Category Archives: Retail

City Sports files for bankruptcy, says it will sell itself off or close down By Jack Newsham Globe Correspondent  October 05, 2015 City Sports Inc., the retailer launched more than 30 years ago in Boston by a pair of high ... Read More

U.S. consumers love gift cards. According to research firm CEB Tower Group, Americans loaded approximately $124 billion onto gift cards in 2014 alone. However, it is easy to see why, in the ABL world, the estate tends to regard gift ... Read More

Baseball players often wax poetic about the “sweet spot”: that point where the bat’s barrel meets the ball and the result is a perfectly struck shot rising gloriously away from the batter’s box. You don’t need to watch it. Flip ... Read More

In the past, appraisers used basic principles such as comparative sales and market trends to place values on a collective of assets. Then, liquidators entered the picture, and the Net Orderly Liquidation Value (NOLV) model moved things in a far ... Read More

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

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

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

Just as growing numbers of traditional retailers have learned to augment their core brick-and-mortar assets by building well-trafficked e-commerce sites, liquidation firms serving the ABL industry are also mastering the nuances of leveraging the Internet as an effective sales channel. ... Read More

To get a feel for how excited some Canadians are about the prospect of foreign brands entering the country, take a look at the columns of Marina Strauss in The Globe and Mail newspaper. The Toronto-based retail reporter maintains a ... Read More

In the topsy-turvy period that followed the financial meltdown of 2008, the U.S. economy weathered the liquidation of thousands of companies, including big-name retailers such as Circuit City, Goody’s, Mervyn’s, Gottschalks, and Ritz Camera, to name a few. But the ... Read More