Tiger Capital Group assists in closing 28 Valu-Plus LocationsFOR IMMEDIATE RELEASE November 1, 2010 BOSTON—Asset disposition firms Tiger Capital Group, LLC and SB Capital Group, LLC are assisting in the liquidation of $16 million in merchandise within 28-store variety outlet chain, Valu-Plus, Inc. The joint venture began closing Valu-Plus stores, located throughout Maryland, New Jersey and Pennsylvania, on October 29, 2010. The liquidation sales are expected to be completed in early January 2011. The Philadelphia-based company filed for bankruptcy in the State of Delaware earlier this year.
About Tiger: Tiger provides comprehensive advisory, valuation, auction, management, and disposition services for a broad range of retail, wholesale, and industrial companies. Over the past 30 years, Tiger has managed more store closings than any other business in the industry and has provided inventory appraisals, auctions and disposition services on behalf of a wide range of industries. The company’s focus is to help businesses, asset-based lenders and other financial institutions understand the underlying value of inventory and equipment; to provide key monitoring advice; and, when needed, disposition services. |