STORE CLOSING SALES BEGIN TODAY AT ALL DELIA'S LOCATIONS

NORTHBROOK, Ill., Dec. 11, 2014 (GLOBE NEWSWIRE) --

Sales managed by Hilco Merchant Resources and Gordon Brothers Group

Store closing sales begin today at all 92 Delia's retail locations across the country. Just in time for the holidays, every item in every department at all stores is now reduced. Consumers will enjoy massive discounts of 40% to 60% off the lowest ticketed price on the stores' entire stock of the latest styles for teenaged girls and young women, including sweaters, tops, graphic tees, jeans, pants, skirts, dresses, outerwear, footwear, jewelry, bags, belts, leggings, sleepwear and much more. In addition, these same compelling reductions apply to all online purchases at delias.com.

Delia's gift cards, merchandise credits and loyalty rewards are currently being accepted for redemption.

Fixtures, furniture and equipment in all Delia's stores and corporate offices are also available for sale.

Joint venture partners Hilco Merchant Resources and Gordon Brothers Group are managing the sales. "These store closing sales feature a truly outstanding assortment of merchandise at very significant price reductions," a spokesperson for the joint venture stated. "Consumers are encouraged to shop early for the greatest selection while taking advantage of spectacular savings at all Delia's stores, as well as online."

About Hilco Merchant Resources, LLC

Hilco Merchant Resources (www.hilcomerchantresources.com) provides a wide range of analytical, advisory, asset monetization, and capital investment services to help you define and execute a retailer's strategic initiatives. Hilco Merchant Resources' activities fall into several principal categories including acquisitions; disposition of underperforming stores; retail company or division wind downs; event sales to convert unwanted assets into working capital; facilitation of mergers and acquisitions; interim company, division or store management teams; loss prevention; and, the monetization of furniture, fixtures and equipment.

Hilco Merchant Resources is part of Northbrook, Illinois based Hilco Global, the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates twenty specialized business units offering services that include asset appraisal, retail and industrial inventory acquisition and disposition, real estate repositioning and renegotiation, strategic advisory and operational consulting and strategic capital equity investments. For more information please visit: (www.hilcoglobal.com ).

About Gordon Brothers Group

Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, mitigating leases, appraising assets and operating businesses for extended periods. Gordon Brothers Group conducts over $50 billion worth of transactions and appraisals annually. As of November 2014, debt financing is provided by Gordon Brothers Finance Company. (www.gbfinco.com).

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NOTE TO EDITORS: DELIA'S STORE LOCATION LIST FOLLOWS

Media Contacts:
Gary Epstein
Chief Marketing Officer
Hilco Global
(847) 418-2712
gepstein@hilcoglobal.com 
 
Elizabeth Sarhaddi-Blue
Director, Marketing
Gordon Brothers Group
(617) 422-6545
esarhaddi-blue@gordonbrothers.com