Multi-channel Global Licensing Strategy Planned to Expand 72-year-old Brand
A joint venture led by Gordon Brothers Brands, LLC (”GBB”) and Hilco Consumer Capital, L.P. (”HCC”), which includes private equity fund Knight’s Bridge Capital Partners and other institutional investors, announced today the Federal Bankruptcy court for the district of Minnesota approved its acquisition of substantially all the [...]

Action Represents One of the Largest U.S. Retail Closures to Date
Circuit City, Inc., the nation’s second largest consumer electronics retailer, announced today that it will close all 567 of its stores across the country. Going-out-of-business sales offering substantial discounts on all inventory will begin tomorrow.
A joint venture group consisting of Great American Group, [...]