In a Pandemic, Food, Booze and Guns Retain Value Best
Apparel, accessories and footwear are riskier assets to finance, liquidation firm Tiger Capital Group finds
By Aisha Al-Muslim

Updated May 6, 2020 8:03 am ET

Loans backed by food, alcohol and guns are holding up better than debt tied to other merchandise as shoppers increasingly turn to these goods amid coronavirus social-distancing restrictions.

Purveyors of food and beverages such as supermarkets, […]

Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19

NEW YORK, April 22, 2020 /PRNewswire via COMTEX/ — NEW YORK, April 22, 2020 /PRNewswire/ — COVID-19 will cause a huge spike in asset dispositions across multiple sectors once the economic recovery begins, advised Dan Kane, Co-Founder and Managing Member of Tiger Capital Group, in a podcast interview with The […]

Tiger Group Issues Risk Assessment for 29 Consumer Industries Impacted by COVID-19

Taking into account the economic impact of the COVID-19 pandemic, Tiger Group’s Valuation Services Division has issued risk assessment guidance for asset-based lenders on a wide range of consumer goods categories.
Among the 29 categories analyzed in a study posted on the asset appraisal, disposition and financial service’s firm’s website, three  (10.3%) were rated high […]

A Tsunami of Bankruptcies are About to Wash Away America’s Retail Sector

As the coronavirus pandemic keeps America’s retail stores closed, Michael McGrail is gearing up for what is shaping up to be a busy summer of running going out of business sales at some very prominent chains.
“Some companies are just not going to survive this,” says McGrail, who is the COO of one of the […]

Modell’s Files For Bankruptcy, Plans To Liquidate

Modell’s Sporting Goods filed for Chapter 11 bankruptcy protection in New Jersey.
The family-owned retail chain will begin liquidation sales in all stores and plans to continue its online sales during the process.

Fourth-generation Owner Mitchell Modell had tried to line up support with its stakeholders to keep the chain out of court, including vendors and lenders, but ultimately fell short. […]