News

B. Riley Financial’s Great American Group and Tiger Capital Group to Support Previously Announced Closure of 113 Aéropostale Stores Across the U.S.

B. Riley Financial’s Great American Group and Tiger Capital Group to Support Previously Announced Closure of 113 Aéropostale Stores Across the U.S.
LOS ANGELES, May 12, 2016 — A joint venture between Tiger Capital Group and Great American Group (GA) announced today that it has partnered with Aéropostale, Inc., (OTCQX: AROPQ) a mall-based specialty retailer of casual apparel for young women and men, to facilitate the […]

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Tiger Group Opens Atlanta Office

Tiger Group Opens Atlanta Office
New York-based Tiger Group established a new base of operations in the Southeast earlier this month by relocating Melissa Coopersmith, managing director, from New York to Atlanta’s Buckhead commercial district.

Coopersmith will focus on serving the asset-based lending community by providing formal appraisals of consumer goods, commercial and industrial assets and intellectual property. She will also facilitate asset disposition projects and capital […]

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Sports Authority Files for Bankruptcy With Plan to Slim Down

Sports Authority Files for Bankruptcy With Plan to Slim Down
Sports Authority Inc. filed for bankruptcy protection with a plan to slim down after missing out on the fitness boom that’s been a rare bright spot in retail.

The company said Wednesday that it will close as many as 140 of its 463 stores while trying to preserve $124 million in tax deductions.

Sports Authority has fallen far since […]

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‘Made For Outlet’ Goods Stir Controversy

‘Made For Outlet’ Goods Stir Controversy
Publish Date: September 03, 2015
The early days of outlet shopping were all about disposing of excess merchandise, but demand began to outstrip supply at least a decade ago. Without made-for-outlet merchandise, experts say, the fast-growing industry would have stalled. But the concept is not without its controversy, as evidenced by recent court cases.

Michael Kors agreed in June to pay $4.9 […]

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City Sports Files For Bankruptcy, Says It Will Sell Itself Off Or Close Down

City Sports files for bankruptcy, says it will sell itself off or close down
By Jack Newsham Globe Correspondent  October 05, 2015

City Sports Inc., the retailer launched more than 30 years ago in Boston by a pair of high school friends, plans to shut eight of its 26 stores and sell the rest after filing for bankruptcy protection on Monday.

If a buyer cannot be found the […]

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