Sam Ash Files for Bankruptcy Protection, Moves to Reposition Company
05/09/2024
Store closing sales begin at all 42 stores as iconic music retailer pursues go-forward business strategy NEW YORK, May 9, 2024 /PRNewswire/ — Sam Ash—the century-old American music retailer that became a beloved institution for generations of amateur and professional musicians alike—filed for Chapter ... Read More
RST Brands Sells as Going Concern After Tiger Group Turnaround
12/19/2023
Outdoor furniture company overcomes pandemic-era challenges with help from Tiger Advisory Services. NEW YORK – December 13, 2023—Outdoor furniture company RST Brands has sold as a going-concern to Surya, the global household furnishings brand, in the latest turnaround by Tiger ... Read More
ABL Sector Must Stay Vigilant Amid ‘Growth of Shrink’
08/10/2023
ABL Sector Must Stay Vigilant Amid ‘Growth of Shrink’ By: Bill Mayer In what might be thought of as “the growth of shrink,” American retailers are pointing to shoplifting, organized retail crime and employee theft as significant drags on their ... Read More
Niche Internet Brands Can Thrive by Merging with Larger Retailers
05/22/2023
Niche Internet Brands Can Thrive by Merging with Larger Retailers Turnaround and sale of Richer Poorer to francesca’s® points to a go-forward strategy for other e-tailers with strong followings and brands, says Tiger Group’s Ryan Davis. NEW YORK – May ... Read More
Francesca’s Acquires Los Angeles Brand Richer Poorer
05/02/2023
Francesca’s Acquires Los Angeles Brand Richer Poorer Specialty fashion retailer, Francesca’s announced on Tuesday the acquisition of California-based wardrobe essentials brand, Richer Poorer. The Houston-based company, which operates the Francesca’s and Franki by Francesca’s stores, said the acquisition will place Richer ... Read More
Asset-Based Lending Sector Needs to Embrace Data and AI
04/27/2023
Asset-Based Lending Sector Needs to Embrace Data and AI Adjusting to more complex datasets should be a top priority in asset-based lending now that AI is set to become a bigger factor in borrower health, advises Tiger Group Executive Managing ... Read More
What Asset-Based Lending Can Learn from AI in the Grocery Sector
04/05/2023
What Asset-Based Lending Can Learn from AI in the Grocery Sector By: Bradley W. Snyder OpenAI’s bombshell release of ChatGPT underscores two realities that ought to be top-of-mind for asset-based lenders everywhere. The first is that artificial intelligence—essentially, machines that ... Read More
David A. Spehar Joins Tiger Group as Associate Director of Field Operations
03/06/2023
David A. Spehar Joins Tiger Group as Associate Director of Field Operations Longtime Tiger consultant brings 30 years of appraisal and disposition experience New York – March 2, 2023 — David A. Spehar, a 30-year appraisal and disposition veteran whose ... Read More
Tiger Finance, Merchant Financial Group Provide $38MM in Growth Capital to Apparel Brand Arctix
01/06/2023
Tiger Finance, Merchant Financial Group Provide $38MM in Growth Capital to Apparel Brand Arctix Tiger Finance and Merchant Financial Group are partnering to provide $38 million in growth capital to Alpha 6 Distributions, creator of the Arctix winter apparel brand. As the primary ... Read More
Substantial Discounts Available at Sears Hometown Store-Closing Sales Across the United States
12/26/2022
Substantial Discounts Available at Sears Hometown Store-Closing Sales Across the United States More than 100 dealer-run stores wind down operations in 36 states, offering approximately $40 million in inventory including riding lawnmowers, washers, dryers, refrigerators, power tools and much more HOFFMAN ESTATES, ... Read More