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 […]
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 […]
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.
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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, […]
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 […]
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 […]
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