News

Tiger Group Issues Risk Assessment for 29 Consumer Industries Impacted by COVID-19

Tiger Group Issues Risk Assessment for 29 Consumer Industries Impacted by COVID-19

Taking into account the economic impact of the COVID-19 pandemic, Tiger Group’s Valuation Services Division has issued risk assessment guidance for asset-based lenders on a wide range of consumer goods categories.
Among the 29 categories analyzed in a study posted on the asset appraisal, disposition and financial service’s firm’s website, three  (10.3%) were rated high […]

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A Tsunami of Bankruptcies are About to Wash Away America’s Retail Sector

A Tsunami of Bankruptcies are About to Wash Away America’s Retail Sector

As the coronavirus pandemic keeps America’s retail stores closed, Michael McGrail is gearing up for what is shaping up to be a busy summer of running going out of business sales at some very prominent chains.
“Some companies are just not going to survive this,” says McGrail, who is the COO of one of the […]

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Modell’s Files For Bankruptcy, Tiger To Liquidate

Modell’s Files For Bankruptcy, Plans To Liquidate

Modell’s Sporting Goods filed for Chapter 11 bankruptcy protection in New Jersey.
The family-owned retail chain will begin liquidation sales in all stores and plans to continue its online sales during the process.

Fourth-generation Owner Mitchell Modell had tried to line up support with its stakeholders to keep the chain out of court, including vendors and lenders, but ultimately fell short. […]

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Cineworks Rental Inventory Going Up for Auction in June

Cineworks Rental Inventory Going Up for Auction in June

With the retirement of owner Deborah Maxwell, the complete inventory of North Hollywood rental company Cineworks is going up for auction next month, according to Tiger Group, which will manage the auction.

Inventory that will be sold off include a large assortment of HMI and tungsten LED fixtures from manufacturers including Arri, Kino Flo, Mole Richardson, K5600, Litepanels, […]

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Metropolitan Furniture closing last Houston store

Metropolitan Furniture closing last Houston store
E-commerce disruption, national competitors played into retreat
By Clint Engel

HOUSTON — Metropolitan Furniture here is closing its flagship and only remaining store here after 73 years in business. The family-owned retailer, founded by brothers Harry, Sammy and Hymie Abramson in 1946, hired Tiger Capital Group to run the Going-out-of-Business sales at its 60,000-square-foot showroom at 7400 North Freeway in Houston.

Most recently […]

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