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Tiger Group Auctioning Inventory and Equipment from Wholesaler of Promotional Apparel and Hardgoods on Nov. 12

Tiger Group Auctioning Inventory and Equipment from Wholesaler of Promotional Apparel and Hardgoods on Nov. 12
KENT, Wash. — October 30, 2020 — Tiger Group will be conducting online auction on November 12 of textile embellishment and warehouse equipment, blank inventories of apparel and hardgoods, and intellectual property of a wholesale supplier of custom-designed promotional products for the giftware and tourism industries that is now winding […]

By David Flood

News / Retail

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 […]

By David Flood

Read more about the article Tiger Group Selling Multi-Million-Dollar Disposable and Durable Medical Supply Inventory in Connection with Major Distributor’s Wind-Down

Industrial / News

Tiger Group Selling Multi-Million-Dollar Disposable and Durable Medical Supply Inventory in Connection with Major Distributor’s Wind-Down

Tiger Group Selling Multi-Million-Dollar Disposable and Durable Medical Supply Inventory in Connection with Major Distributor’s Wind-Down
The multi-million-dollar inventory encompasses over 350,000 products from some 2,000 manufacturers. Items range from personal protective equipment (PPE) to personal paper products, hospital textiles, sterilization wraps, swabs/cotton balls, medical gloves, bandages/dressings, alcohol products, acute care monitoring units, needles, test kits and calibrators. The products come from such leading manufacturers as […]

By David Flood

Finance / News

Tiger Finance Provides Nu-Steel Trade With $10MM in Growth Capital

Tiger Finance Provides Nu-Steel Trade With $10MM in Growth Capital
Tiger Finance, a wholly owned affiliate of Tiger Capital Group closed on a $10 million delay draw term loan to Nu-Steel Trade that provides working capital for growth and acquisition opportunities.

“Nu-Steel is thrilled with the opportunity to partner with Tiger on the growth of our business,” Larry Dobos, CEO and president of the global trader of […]

By David Flood

Industrial / News

Massive Inventory of Line Pipe Now Available From Tiger Group and P.I.T. Pipe

Massive Inventory of Line Pipe Now Available From Tiger Group and P.I.T. Pipe
September 17, 2020

Source: Tiger Group

High-quality, never-used pipe is ideal for use in water-transmission, heavy construction, and the oil and gas sector; all inventory made in the United States.

More than 500,000 feet of 30-inch, X70, coated line pipe is now available for immediate purchase from Tiger Group and P.I.T. Pipe.

The never-used, top-quality inventory, stored […]

By David Flood

News / Retail

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: […]

By David Flood

Industrial / News

Tiger Group Online Auction Features Equipment for Screen Printing and Premium Promotional Manufacturing

Tiger Group Online Auction Features Equipment for Screen Printing and Premium Promotional Manufacturing
NEW YORK, Sept. 8, 2020 /PRNewswire/ — Tiger Group will begin accepting bids on September 15 for an online auction of hundreds of pieces of equipment used for screen printing and manufacturing apparel and premium promotional products.

Online bidding at SoldTiger.com will commence on Tues., Sept. 15, at 10:30 a.m. (EDT) and will close on […]

By David Flood

News / Retail

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 […]

By David Flood

News / Retail

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 […]

By David Flood

Industrial / News

AmerisourceBergen puts former PharMEDium Memphis facility and equipment up for sale

A specialty pharmacy facility’s building and its equipment — set to close this year — are up for sale.

By Jason Bolton – Data Editor, Memphis Business Journal
Aug 13, 2020, 8:44am EDT

A spokesperson for AmerisourceBergen Corp. confirmed its former PharMEDium operations located at 6100 Global Dr. in Memphis is for sale.
CBRE Memphis is listing the property, and […]

By David Flood