Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced today that they began store closing sales at 31 TigerDirect retail locations throughout the U.S. and Canada.  DJM Real Estate, a division of Gordon Brothers Group, has been retained to dispose of 27 TigerDirect stores in the United States and Canada. These properties are available for sublease or assignment and range from 14,000- 33,400 square feet.

TigerDirect, an IT products and solutions provider, made the strategic decision to accelerate its business-to-business and public sector customer focus.  Under this new strategy it will exit substantially all of its consumer electronics brick-and-mortar retail stores.  The Company will continue to serve the consumer market through its e-commerce platform www.tigerdirect.com.   TigerDirect’s focus on the B2B marketplace reflects efforts made over the past several years to invest in and strengthen its ability to serve business customers.  Store closing sales began today, March 12th and involve significant discounts on all merchandise, as well as store furniture, fixtures and equipment.

“TigerDirect is well known for its affordable pricing and we encourage customers to visit their local stores to find even greater discounts while the selection lasts,” Bob Grosskopf, Co-President of Gordon Brothers Group’s Retail Division stated.

Gordon Brothers Group’s Retail Division will oversee the store closing sales on behalf of TigerDirect in its U.S. and Canada locations.

For more than 25 years, TigerDirect.com has served the technology needs of both business and personal users, selling consumer electronics, computers, digital media technology and peripherals via business-to-business, Internet and catalog channels.