Boston, March 23, 2018 (GLOBE NEWSWIRE) -- A team of disposition firms consisting of Gordon Brothers, Great American Group, Hilco Merchant Resources and Tiger Capital Group announced today that they will commence 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.  One of the largest privately-held companies in America, Toys“R”Us® stores will now be closing as soon as all inventories, as well as store furniture, fixtures and equipment, are sold.

 

Going-out-of-business sales will offer significant discounts on top brands across all product categories!  Inventories exceed $2 billion in retail value.


Since 1948, Toys“R”Us® has served kids and families around the world by offering great service and a broad assortment of toy and baby products.  Toys“R”Us® is considered the premier toy store around the world. In addition to the stores in which the dispositions firms are currently operating closing sales, the remaining 735 stores will begin going-out-of-business sales immediately.

 

A spokesperson for the disposition group said, “Customers are encouraged to shop their local stores for this final opportunity to purchase top brand products at liquidation prices. Due to the name recognition and goodwill of this brand, we encourage consumers to shop early to take advantage of the best selection of products. We expect merchandise to sell very quickly.”

 

For a complete list of stores visit www.toysrus.com

 

About Gordon Brothers: 

Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, operating executives, advisors, and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four service areas: valuations, dispositions, operations, and investments. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial, and industrial sectors to put assets to their highest and best use. Gordon Brothers conducts more than $70 billion worth of dispositions and appraisals annually. Gordon Brothers is headquartered in Boston, with 25 offices across five continents.

 

About Great American Group

Great American Group, LLC is a leading provider of asset disposition and auction solutions, advisory and valuation services, and a wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY). Great American Group efficiently leverages its sector expertise and deploys resources to assist companies, lenders, capital providers, private equity investors and professional service firms in maximizing the value of their assets. To learn more about Great American Group, please visit www.greatamerican.com

 

About Hilco Merchant Resources

Hilco Merchant Resources (www.hilcomerchantresources.com) provides a wide range of analytical, advisory, asset monetization, and capital investment services to help 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, one of the world’s leading authorities on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace.

 

About Tiger Capital Group

Tiger Capital Group (tigergroup.com) provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 40 years of experience and significant financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger’s seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, provide capital or convert assets to capital quickly and decisively. Tiger maintains domestic offices in New York, Los Angeles, Boston, Chicago, and San Francisco, and international offices in Sydney, Perth, Melbourne and Brisbane, Australia.

Attachment:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a20c9af7-a826-4a2f-b126-727861592108

Cal Shusta
Gordon Brothers
cshusta@gordonbrothers.com