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 […]
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 […]
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 […]
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 […]
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: […]
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