Gymboree closing 350 stores
Company says move will help it emerge from bankruptcy
Gymboree, the bankrupt children’s clothing retailer, has announced it will close 350 stores following what it calls “a comprehensive evaluation of its retail footprint.”
The review was called for under its court-supervised financial restructuring. Company officials say maintaining a smaller number of stores, in the most profitable locations, will enable the retailer to get back […]
Tiger Group Appoints Director of Business Development, Midwest
Rick L. Barfield, a veteran of the asset-based lending field, has joined Tiger Group as Director of Business Development for the asset valuation, advisory and disposition services firm’s Midwest region.
From his base in Chicago, Barfield will lead the Midwest business development efforts for Tiger’s asset appraisal practice, serving the asset-based lending, turnaround, private equity and investment banking […]
Tiger Capital Group Appoints New General Counsel
Mark Naughton has joined Tiger Capital Group as Senior General Counsel. The veteran in-house and outside counsel comes to the New York-headquartered asset valuation, advisory and disposition services firm with over 14 years’ experience in asset disposition projects and 30 years of experience in bankruptcy-related services. He represents debtors, trustees, secured creditors, creditors’ committees, and unsecured creditors in […]
How to Close a Store
Where the clothing, mannequins, and hangers go when the lights shut off.
BY ELIZA BROOKE MAY 18, 2017, 10:17AM EDT
“Free hangers,” said the sign in the window of American Apparel on Brooklyn’s Smith Street. The doors were locked and nobody was inside, though a few fluorescent light fixtures glowed on the bare walls. Someone had left an iced coffee to melt […]
Going- Out- of- Business Sales To Be Held At All Gander Mountain
Liquidation of $800 Million of Outdoor Specialty Merchandise to begin
Thursday, May 4th at 126 Locations Across 23 States
SAINT PAUL, Minn. (5/4/17) – Inventory liquidation sales will begin on Thursday, May 4, 2017 at all Gander Mountain (GDMIN.UL) store locations – offering shoppers deep discounts on top brand-name outdoor gear. The nationwide sale […]
