Great American Group, in a joint venture with Tiger Capital Group, will operate the store closing sales at all Payless ShoeSource locations in the United States and Puerto Rico.
Great American Group Advisory & Valuation Services promoted Jennie Kim to managing director of the firm’s appraisal business.
Great American Group named Drew Jakubek and Bill Soncini national marketing managers of the firm’s Advisory and Valuation Services business.
Great American Group, Tiger Capital Group, Hilco Merchant Resources and Gordon Brothers will lead the liquidation of all Gymboree and Crazy 8 stores in the U.S. and Canada in the wake of Gymboree’s bankruptcy filing.
Great American Group and Tiger Capital Group will acquire the Bon Ton Stores’ assets. The U.S. Bankruptcy Court approved the asset purchase agreement for the holders of the company’s 8.0% second lien secured notes.
Tiger Capital Group and Great American Group will supervise the closing and liquidation of six Island Pacific Supermarkets stores in California.
A team of disposition firms consisting of Gordon Brothers, Great American Group, Hilco Merchant Resources and Tiger Capital Group began going-out-of-business sales at all 735 Toys “R” Us and Babies “R” Us locations throughout the U.S. and Puerto Rico on March 23, 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.
Toys “R” Us will be closing 180 stores. According to documents filed with the U.S. Bankruptcy Court of the Eastern District of Virginia, Tiger Capital Group, Great American Group, Gordon Brothers Retail Partners and Hilco Merchant Resources will be conducting the liquidation.
Luxury retailer Calypso St. Barth is shuttering all its U.S. stores. Tiger Group and Great American Group will be conducting the going-out-of-business sales at 16 select boutiques in nine states.