News – Page 9 – Tiger Group

Tiger Capital Group Names Glave Managing Director

Tiger Capital Group promoted Gail Glave from director of field financial operations to managing director.

Glave serves as both a senior financial analyst and operations specialist, and is responsible for financial modeling, tracking and analyzing daily sales data as well as the on-site management of Tiger’s field supervisors.

Glave began her career with Tiger as an assistant financial analyst at The Nassi […]

By David Flood

Finance / News

Francesca’s Clothing Chain Approved for Bankruptcy Sale

Francesca’s Clothing Chain Approved for Bankruptcy Sale
The buyers of Francesca’s remaining specialty retail business will keep at least 275 of its boutiques open, and retain the management team and nearly all other employees
By Aisha Al-Muslim
Jan. 21, 2021 5:25 pm ET

Specialty retailer Francesca’s Holdings Corp. has won court approval to sell its remaining business out of bankruptcy to a group of buyers that plan to keep […]

By David Flood

News / Retail

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 […]

By David Flood

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

Lexis Nexis News

Finance / News / Retail

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, […]

By David Flood

Finance / News

Retailer rue21 Enters Deal With Bank of America to Retire Debt, Extend Credit Agreement

Retailer rue21 Enters Deal With Bank of America to Retire Debt, Extend Credit Agreement
Specialty retailer rue21 (r21 Holdings, Inc.) announced that its strong financial position has enabled it to refinance its existing term loan, increase available liquidity and lower its cost of capital. rue21 amended its asset based credit facility to increase availability to $155mm due 2025 led by Bank of America, N.A. The amendment […]

By David Flood

Industrial / News

Tiger Group to Auction Inventories from Major Distributor of Disposable, Durable Medical Supplies

Tiger Group to Auction Inventories from Major Distributor of Disposable, Durable Medical Supplies
Following private treaty bulk sales and successful auctions of assets from three of American Medical Depot’s (AMD) six facilities, Tiger Group will wrap up the wind-down of this major distributor of medical equipment and supplies with online auctions in mid-January for in excess of $16 million in inventories plus other assets from the […]

By David Flood

Read more about the article Tiger Group Online Auction Features Late-Model Equipment from CBD and Cannabis Manufacturer

Breaking Cannabis News Website

Industrial / News

Tiger Group Online Auction Features Late-Model Equipment from CBD and Cannabis Manufacturer

Tiger Group Online Auction Features Late-Model Equipment from CBD and Cannabis Manufacturer
Dec. 9 auction offers QC analysis, sterilization, and filling/packaging equipment with applications for pharma, CBD and other industries.
LOS ANGELES, Dec. 1, 2020 /PRNewswire/ — Tiger Group will be holding an online auction on Dec. 9 of late-model equipment surplus to the ongoing operations of a leading CBD and cannabis manufacturer.

The auction features well-maintained equipment, including:

[…]

By David Flood

News / Retail

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 […]

By David Flood

Read more about the article Solar Cell Manufacturing Equipment and Intellectual Property from Alta Devices Now Available for Bulk or Piecemeal Purchase

Industrial / News

Solar Cell Manufacturing Equipment and Intellectual Property from Alta Devices Now Available for Bulk or Piecemeal Purchase

Solar Cell Manufacturing Equipment and Intellectual Property from Alta Devices Now Available for Bulk or Piecemeal Purchase
Assets from pioneer of extreme high efficiency GaAs Flexible Thin Film Solar Cells include manufacturing and fabrication lines; test and measurement equipment; analysis lab; plant support/IT equipment; and over 400 patents.
SUNNYVALE, Calif., Nov. 11, 2020 /PRNewswire/ — Liquidity Services, Tiger Group, Maynards Industries and GES Associates LLC today announced […]

By David Flood

Industrial / News

Tiger Auctioning Assets from One of Canada’s Largest AV Rental Houses

Tiger Auctioning Assets from One of Canada’s Largest AV Rental Houses
TORONTO, Nov. 5, 2020 /PRNewswire/ — In a three-day online auction event scheduled for November 17-19, Tiger Group will be selling gear from the recently closed Westbury National Show Systems Ltd. (“Westbury”), which had long been one of Canada’s largest full-service live event rental production companies. Westbury, which operated from an approximately 60,000-square-foot facility in metro […]

By David Flood