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 […]

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 […]

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 […]

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 […]

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 […]