SB360 appointed finance industry veteran Marc S. Price as executive vice president of corporate development. Price will work with the senior leadership team across the broader SB360 platform to identify and pursue opportunities that align with the company’s retail growth strategy.
SB360 Capital Partners was selected as the exclusive agent for the disposition of finished goods, work-in-process inventory, and raw materials for Klaussner Furniture Industries. SB360 will aid the wind-down of operations following the closure of Klaussner’s facilities in August.
Olympia Sports, Antero Brands’ athletic footwear and apparel chain, has selected SB360 Capital Partners, as its exclusive consultant to conduct “Going Out of Business” sales in its remaining 34 stores.
SB360 Capital Partners named Aaron S. Miller its new president and Siegfried “Ziggy” Schaffer chief operating officer. To coincide with these appointments, Stephen G. Miller and Scott H. Bernstein have moved into co-CEO roles and Jay Schottenstein remains chairman.
The Association of Insolvency and Restructuring Advisors recognized Nate Simon of AlixPartners (first place), Bryan Fleming of Alvarez & Marsal (second place) and Hrvoje Cizmic of PwC (third place) as Certified Insolvency and Restructuring Advisor Award winners for 2020.
SB360 Capital Partners, an asset disposition specialist, is serving as the exclusive consultant to assist girls clothing and accessory retailer Justice in inventory sales of 85 stores as well as the e-commerce site at shopjustice.com.
SB360 Capital Partners, an asset disposition specialist, will serve as the exclusive consultant to operate store closing and total inventory blowout sales in 358 stores for Pet Valu, a U.S. retailer of pet food and supplies.
SB360 Capital Partners, a North American asset disposition specialist, has commenced store closing sales in an additional 23 Justice stores located in 13 states.
Ascena Retail Group engaged SB360 Capital Partners as its consultant to conduct store closing sales at most of its retail locations.
Scott Bernstein of SB360 Capital Partners reflects on the post-COVID-19 pandemic new normal for store closing and strategic sale events.