GOB Sale Resumes At 107 Modell’s Locations

GOB Sale Resumes At 107 Modell’s Locations

Posted by SGB Media | Jun 25, 2020

Modell’s Sporting Goods has resumed going-out-of-business sales at 107 of its remaining stores, beginning immediately.

The retailer had begun sales in mid-March after filing for bankruptcy but was forced to postpone the sale as the coronavirus crisis began ramping up

A joint venture of Tiger Capital Group,  Great American Group (a B. Riley Financial […]

J.C. Penney liquidation sales at 136 closing stores underway

J.C. Penney liquidation sales at 136 closing stores underway with discounts up to 40% off

UPDATED: J.C. Penney updated its closings list again Wednesday and now has 136 locations listed. The story originally noted liquidation sales would start at 137 stores.
Going-out-of-business sales at 136 closing J.C. Penney stores begin Wednesday, the department store chain announced.
The discounts range from 25 to 40% off original prices storewide. All sales […]

The Retail Liquidations—Neiman’s, J.Crew, Pier 1, More—Are About To Start Flowing

The Retail Liquidations—Neiman’s, J.Crew, Pier 1, More—Are About To Start Flowing
By Warren Shoulberg Senior Contributor

Maybe liquidation-a-go-go is too flippant for such a tragedy. But it does fit.As the number of retail bankruptcies start to pile up from companies whose final destruction was caused by the coronavirus pandemic, we are about to see a massive round of close-out/going-out-of-business/liquidation sales. It’s likely to be the largest such wave […]

In a Pandemic, Food, Booze and Guns Retain Value Best

In a Pandemic, Food, Booze and Guns Retain Value Best
Apparel, accessories and footwear are riskier assets to finance, liquidation firm Tiger Capital Group finds
By Aisha Al-Muslim

Updated May 6, 2020 8:03 am ET

Loans backed by food, alcohol and guns are holding up better than debt tied to other merchandise as shoppers increasingly turn to these goods amid coronavirus social-distancing restrictions.

Purveyors of food and beverages such as supermarkets, […]

Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19

Tiger Capital Group Co-Founder Predicts Dramatic Increase in Store Closures, Bankruptcies and Asset Liquidations Due to COVID-19

NEW YORK, April 22, 2020 /PRNewswire via COMTEX/ — NEW YORK, April 22, 2020 /PRNewswire/ — COVID-19 will cause a huge spike in asset dispositions across multiple sectors once the economic recovery begins, advised Dan Kane, Co-Founder and Managing Member of Tiger Capital Group, in a podcast interview with The […]