Toys ‘R’ Us Winds Down U.S. Business, Will Liquidate 735 Stores

Toys “R” Us Winds Down U.S. Business, Will Liquidate 735 Stores
Boston, March 15, 2018 — Toys “R” Us filed a motion seeking bankruptcy court approval to begin the process of conducting an orderly wind-down of its U.S. business and liquidation of inventory in all 735 of the company’s U.S. stores, including stores in Puerto Rico. Toys “R” Us will provide more details about the plans for the […]

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Online Auction Set for Mobile Production Units From LMG

Online Auction Set for Mobile Production Units From LMG
LOS ANGELES, April 3, 2018 /PRNewswire/ — Tiger Group is currently accepting bids for the sale of fully equipped mobile mid-size production trucks from industry leader Live Mobile Group (LMG). The professionally maintained equipment is located at four sites in California, Louisiana, New Jersey and Ohio.

Established in August 2015, Live Mobile Group, a division of Live Media […]

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Tiger Group, New Mill, Federal Equipment to Host Asset Auction for HRD-Marcus Oil

Tiger Group, New Mill, Federal Equipment to Host Asset Auction for HRD-Marcus Oil
Tiger Group, New Mill Capital and Federal Equipment will conduct an online auction on April 5 of the assets formerly owned by HRD-Marcus Oil.

The offering for the polyethylene wax plant’s expansive, well-maintained assets includes production, process, lab and packaging equipment; cooling towers; an extensive truck fleet; plant support equipment; and office furniture and […]

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Tiger Group Expert: Retail’s Downward Slide to Continue in 2018

 Tiger Group Expert: Retail’s Downward Slide to Continue in 2018
NEW YORK, Feb. 28, 2018 /PRNewswire/ — Retailer bankruptcy filings in 2017 approached numbers not seen since the Great Recession—a trend that will continue for the rest of this year and likely into 2019 as well, writes Michael McGrail, Chief Operating Officer of Tiger Group, in a column for ABL Advisor, an online publication serving the asset-based […]

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Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List

Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List
Toys “R” Us will soon be hosting going-out-of-business sales at over 150 of its stores across the country.

The chain’s CEO David Brandon announced on Tuesday that the toy retailer would be closing a number of its stores after filing for bankruptcy, planning to close a total of some 180 […]

Continue Reading >Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List

Assets of The Carlson Co. Inc. Up For Auction

Assets of The Carlson Co. Inc. Up For Auction
Tiger Group and New Mill Capital have announced they will conduct an online auction Feb. 7 to sell all assets from retail fixture manufacturer The Carlson Co. Inc.

For more than 30 years, Madison, Wis.-based The Carlson Co. Inc. manufactured fixtures and cabinetry for some of the world’s leading high-end retailers. Following the retirement of its owner, the […]

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Calypso St. Barth to Liquidate All Inventory Nationwide After Filing for Bankruptcy

Calypso St. Barth to Liquidate All Inventory Nationwide After Filing for Bankruptcy
Calypso St. Barth, which filed for Chapter 7 bankruptcy on November 29, is having a liquidation sale to unload its product. Resort wear, home goods, and more are being offered at 25% to 50% off retail. The goods will come from 25 of Calypso’s boutiques (nine of which have already closed and the remaining […]

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Tiger Group to Auction Equipment from Classic Hollywood Camera Rental Firm

Tiger Group to Auction Equipment from Classic Hollywood Camera Rental Firm
A thick slice of Hollywood—from classic movie memorabilia to state-of-the art AV equipment—will be up for sale when Tiger Group conducts an online-only offering of professionally maintained cameras, lenses, electronics, accessories, movie memorabilia and other assets no longer needed for the continuing operations of Birns & Sawyer, Inc. Online bidding is now under way at […]

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Sears Canada Stores are Closing! Liquidation Sale Begins Thursday, October 19

Sears Canada Wins Court Approval to Liquidate Remaining Stores
Hilco Global, Gordon Brothers, Tiger Capital Group and Great American Group to Liquidate All Inventory at Closing Canadian Sears Department Stores and Home Stores
TORONTO, Oct. 19, 2017 /CNW/ – Sears Canada Inc. (“Sears Canada” or the “Company”) announced today that a joint venture (“JV”) group will be operating liquidation sales beginning this Thursday, October 19, 2017, at […]

Continue Reading >Sears Canada Stores are Closing! Liquidation Sale Begins Thursday, October 19

Sears Canada Wins Court Approval to Liquidate Remaining Stores

Sears Canada Wins Court Approval to Liquidate Remaining Stores
Sears Canada Inc. received court approval to begin liquidating its stores as the insolvent retailer moves to wind up 65 years of business after failing to adapt to changing consumer tastes.

The Toronto-based chain’s plan to begin selling off its inventory on Oct. 19 was approved by Justice Glenn Hainey in Ontario Superior Court of Justice on Friday. […]

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