Building and opening stores is taking longer than ever due to permitting backlogs at many municipalities, but retailers can expedite store buildouts through some careful planning, writes Jon Graub, a Principal at A&G Real Estate Partners, in a Nov....
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December 03, 2021, 07:04 AM
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Big Lots, Inc. announced that on September 22, 2021 it successfully amended its 2018 $700 million five-year unsecured revolving credit facility. The amendment provides more favorable pricing, expands the types of permitted financing arrangements, and...
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September 23, 2021, 08:03 AM
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Castlelake, a global alternative investment manager with 15 years of experience investing in asset-rich opportunities, announced that it has finalized a receivable purchase agreement with Signet Jewelers Limited, the world's largest retailer of...
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August 05, 2021, 08:06 AM
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MarineMax, the nation’s largest recreational boat and yacht retailer, increased the amount, and extended the term, of its credit facility. The facility now provides MarineMax with $500 million of borrowing capacity, further increasing the Company’s...
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Alleon Capital Partners closed a $1,000,000 accounts receivable financing facility with a California based e-commerce business (“Company”). The Company sells an eco-friendly, plastic-free laundry detergent solution directly to consumers via multiple...
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MidCap Financial provided a $22 million senior secured credit facility, comprising a $17 million asset-based revolving line of credit, $5 million term loan and $500,000 preferred equity co-invest to Janie and Jack LLC. Proceeds from the MidCap credit...
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Gordon Brothers has published two articles about the digital transformation and shifting consumer behavior within the retail industry. As a result of the ongoing pandemic, customer journeys are now more digitally focused, and more shoppers are...
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When a portfolio company of ClearLight Partners, Paul Fredrick, sought to refinance its existing bank facility, they partnered with Republic Business Credit. Republic provided a scalable, flexible and growth orientated facility with full...
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January 28, 2021, 07:00 AM
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The trajectory of U.S. consumer spending is likely to be dominated by the pandemic and associated economic developments well into 2021, according to Fitch Ratings. Length of the outbreak, timing of vaccine distribution, corporate activity including...
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December 14, 2020, 09:00 AM
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PREIT, a leading operator of diverse retail and experiential destinations, announced that it has reached an agreement with more than 80% of its bank lenders under which the banks would provide an additional $150 million to recapitalize the business...
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October 15, 2020, 07:00 AM
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SB360 Capital Partners, one of North America’s leading asset disposition specialists, announced that it commenced store closing sales in an additional 23 Justice stores located in 13 states.Justice is a destination store for tween girls and the store...
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September 24, 2020, 09:10 AM
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Le Tote, Inc. and Lord & Taylor LLC will commence Going Out of Busines Sales shortly at the historic brands’ 38 iconic stores and on www.lordandtaylor.com.On Aug 2, 2020, the Company filed for Chapter 11 reorganization and announced its pursuit of a...
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August 28, 2020, 08:03 AM
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Jim Schaye, CEO of Eaton Hudson announced his company is poised to assist smaller chain store retailers who may be contemplating store closings and consolidation sale events in the fourth quarter. “For smaller retail chains trying to evaluate the...
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August 20, 2020, 09:10 AM
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A&G Real Estate Partners, working on behalf of Neiman Marcus Group in the retailer’s bankruptcy proceedings, is marketing four luxury department store leases in California, Washington, Florida and Washington, D.C.Offering long-term, multiple-option...
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With retailers resuming in-store operations following the months-long COVID-19 pause, shoppers from across the Northeast and Mid-Atlantic will find liquidation discounts on top-name sporting goods, footwear and apparel brands as Modell’s Sporting...
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Clothing retailer Gap Inc. announced it priced an offering (the "Offering") of $500 million aggregate principal amount of its 8.375% Senior Secured Notes due 2023 (the "2023 Notes"), $750 million aggregate principal amount of its 8.625% Senior...
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PlattPointe Capital arranged a $4.15 million sale-leaseback for two stand-alone retail locations in Denver, CO. The two buildings are comprised of 10,000 square feet of leasable space having had low historical improvement costs and high tenant...
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Economic activity contracted sharply and abruptly across all regions in the United States as a result of the COVID-19 pandemic, according to a report from the Federal Reserve. The hardest-hit industries—because of social distancing measures and...
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ReStore Capital has issued a timely report regarding the severe financial burden that both consumer-mandated transformation and the current crisis have imposed on retailers and their suppliers, and how innovative solutions can be leveraged by both...
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Titan Machinery Inc., a leading network of full-service agricultural and construction equipment stores, announced today that it has entered into a new five-year Amended and Restated Credit Agreement, maturing April 2025, arranged by Bank of America...
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Ascena retail group, inc. announced that the Dressbarn brand has completed the orderly wind down of its business operations, closing over 650 stores and successfully eliminating over $300 million of lease liability.Favorable sales performance by...
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February 21, 2020, 09:10 AM
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USA Technologies, Inc., a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, announced that it received $20 million in equity financing from, and entered into a $30...
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October 10, 2019, 08:45 AM
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AVENUE Stores, LLC filed for Chapter 11 reorganization and authorized store closing sales by a joint venture of Gordon Brothers and Hilco Merchant Resources have commenced. The women’s plus size clothing retailer is already in the process of closing...
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August 23, 2019, 08:45 AM
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Francesca’s Holdings Corporation announced that it has entered into a second lien term loan Credit Agreement with Tiger Finance, LLC. The Company simultaneously announced the completion of its previously announced strategic alternatives review. ...
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August 16, 2019, 09:10 AM
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Party City Holdco Inc. announced that it has entered into a definitive agreement with Canadian Tire Corporation, Limited, whereby Canadian Tire will acquire the retail business and assets of Party City’s Canadian subsidiary. As part of this...
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August 09, 2019, 08:45 AM
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Maison Ethier will offer liquidation discounts on all furniture, mattresses, rugs, accessories and appliances in going-out-of-business sales that begin this Friday at its stores in Saint-Basile-le-Grand and Saint-Jean-sur-Richelieu. The Toronto...
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The Global M&A Network honored winners of the prestigious 11th Annual Turnaround Atlas Awards in New York City. The independently governed awards, recognized excellence in categories of transactions, outstanding firms, top U.S.A professionals and...
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Crossroads Financial, a provider of inventory financing, has recently provided a $4 Million inventory revolver for the benefit of an Army and Navy Store retailer.The company was founded in 1951 and currently occupies six retail locations in upstate...
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The Art Shoppe, an iconic seller of luxury furniture and accessories with an 83-year history in Toronto, is closing its 70,000-square-foot Castlefield Design District showroom as part of a strategic reassessment.“For generations, designers...
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Gridiron Capital, LLC announced an investment in Jacent Strategic Merchandising, a leading supplier and service provider of impulse merchandising solutions to the grocery, mass, drug and e-commerce retail channels.Headquartered in Huntington Valley...
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Crossroads Financial, a provider of inventory financing, has recently provided a $4 million inventory revolver for the benefit of a retailer of appliances and electronics.The company was founded in 1998 and occupies 13 stores in several states...
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Citizens Commercial Banking led a $105 million credit facility for New York-based FULLBEAUTY Brands, LLC, an online retailer of plus-sized clothing. Citizens was the lead arranger and bookrunner. The funds were provided to FULLBEAUTY upon its...
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February 21, 2019, 08:00 AM
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The number of convenience stores operating in the United States fell to 153,237 in 2018, a 1.1% decline from last year’s record of 154,958 stores, according to the 2019 NACS/Nielsen Convenience Industry Store Count. The count is based on stores as of...
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February 08, 2019, 09:00 AM
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Hilco Streambank is soliciting offers for the intellectual property assets of Poundworld Retail Limited (in Administration), including the Poundworld brand.Clare Boardman and Daniel Butters of Deloitte LLP were appointed as Joint Administrators of...
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September 17, 2018, 08:00 AM
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Ascendant Resources Inc. announced its wholly owned subsidiary, American Pacific Honduras S.A. de C.V closed a US$5 million short-term revolving credit facility with Banco Financiera Comercial Hondurena S.A. (“Ficohsa”) based out of Tegucigalpa...
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August 27, 2018, 08:00 AM
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Joint venture partners Gordon Brothers, and Hilco Merchant Resources announced that they have commenced going-out-of-business sales at GUMP’S department store located in San Francisco’s famous Union Square shopping district. Going-out-of-business...
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August 13, 2018, 07:30 AM
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Hilco Merchant Resources announced that it will manage the store closing process and run retail sales at 74 of the 344 National Stores. The specific stores that will be closing are currently branded as Fallas stores across the country. The store...
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August 13, 2018, 07:00 AM
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A&G Realty Partners has been retained to dispose all of the real estate assets of The Bon-Ton Stores, Inc., on behalf of a joint venture between Great American Group, LLC (a subsidiary of B. Riley Financial, Inc.), Tiger Capital Group, LLC and...
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Store closing sales have begun at six Island Pacific Supermarkets stores in California. Liquidation discounts are being offered at every closing location and sales will continue until all merchandise has been sold. The remaining 17 Island Pacific...
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Camping World Holdings, Inc. announced that CWGS Group, LLC, an indirect subsidiary of the Company, has entered into a third amendment to its credit agreement with Goldman Sachs Bank USA, as administrative agent, and the other parties thereto.
The...
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Hilco Streambank has been retained by Styles for Less, Inc. to market and sell the intellectual property of Styles for Less®, including trademarks, domain names, and customer database. A bid deadline has been set by Hilco Streambank for Tuesday...
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Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a specialty apparel retailer of sports jackets, activity jackets, and safety wear based in New York. The company was introduced to Amerisource by its...
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January 11, 2018, 07:00 AM
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New York based Fashion to Figure will close its remaining 19 stores across 6 states following a total liquidation of the Company’s inventory. A U.S. Bankruptcy Court judge in New Jersey approved an order authorizing a joint venture of SB Capital...
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November 27, 2017, 09:00 AM
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Bibby Financial Services (BFS) announced a $1 million factoring facility delivered to Greenline, an emerging market retail service provider with offices in Las Vegas, Nevada and Stockton, California. Referred by brand partners who are also former BFS...
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August 23, 2017, 08:00 AM
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Horizon Technology Finance Corporation, a specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries...
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August 17, 2017, 08:00 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $30 million asset-based facility for general corporate purposes and working capital for Arhaus, LLC. Based in Boston Heights, Ohio, Arhaus, LLC...
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Dresner Partners, a FINRA-registered, middle-market investment bank and IMAP member firm focused on mergers and acquisitions, as well as capital raising and valuations to closely-held, family-owned public and sponsor-backed middle market companies...
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Farchitecture BB LLC dba Coolhaus has received a growth equity investment by a private investment group. FocalPoint Partners, LLC, celebrating its 15th year advising middle market clients, served as exclusive financial advisor to Coolhaus.Coolhaus is...
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Mission Ready Services Inc. announced that all conditions precedent to the Asset Purchase Agreement related to the acquisition of Wild Things, LLC, first announced September 1, 2016, have been satisfied and Mission Ready has closed the acquisition of...
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Hilco Streambank has been retained, subject to Court approval, to market and sell the intellectual property assets of The Wet Seal, LLC. (“Wet Seal”). Included in the sale are trademarks, domain names, customer databases, and the e-commerce platform....
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February 13, 2017, 08:11 AM
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Hudson's Bay Company announced the closing of an amendment to its asset-based revolving credit facility that increases its total capacity by $350 million to a total of $2.25 billion. Of this $350 million increase, $100 million is allocated to...
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February 07, 2017, 08:00 AM
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Crossroads has provided a $700,000 revolving line of credit for the benefit of a retailer of new and used Apple Products.The company sells its products direct to consumers through its e-commerce platform and brick and mortar store based in Portland...
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November 18, 2016, 06:42 AM
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U.S.-based importers and suppliers who sell goods to retailers -- including small- and medium-sized chains, boutiques and the off-price discounters -- are seeing growth in sales for both the summer and fall shopping seasons, despite a slow start to...
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August 23, 2016, 07:46 AM
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Golub Capital announced that as administrative agent, sole bookrunner and joint lead arranger, it provided a $605 million GOLD financing to support the merger of Pet Valu and Pet Supermarket. GOLD financings are Golub Capital One-Loan Debt...
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The retail industry is going through a form of evolution, maybe even a revolution. E-commerce has changed the way retailers sell, so that the major brick-and-mortar companies are looking at their individual stores, potentially closing what they...
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Reich Brothers Business Solutions agented a $5 million loan transaction during the week of May 16, 2016 for a large, family-operated discount retailer based out of California. The retailer needed capital to fund the improvement of their distribution...
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Conn’s, Inc. announced that it has closed the securitization transaction announced on March 14, 2016. The offering included (a) three classes of asset-backed fixed rate notes: (i) Class A notes which were rated BBBsf by Fitch, (ii) Class B notes...
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Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the industrial, consumer products and retail sectors, announced that it has entered into a definitive agreement with NapaStyle and its creditors to acquire...
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Bibby Financial Services Canada provided Bump Creative Partners with flexible capital needed to quickly source promotional products for large retail stores in North America and pay overseas suppliers. Bump Creative sources fashionable and on-trend...
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Sears Holdings Corporation announced that it has provided notice to the administrative agent under the Company's existing Third Amended and Restated Credit Agreement, dated as of July 21, 2015 (the "Existing Credit Agreement"), that the Company...
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GemCap has funded a $1.5 million loan facility to HYLETE, a manufacturer and online retailer of athletic performance apparel. The facility is secured by inventory. “It can be challenging for an online retailer to obtain reasonably priced debt...
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January 28, 2016, 07:32 AM
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Wells Fargo Securities, part of Wells Fargo & Company, published its annual Holiday Sales Outlook (PDF), forecasting a positive outlook for retailers this holiday season. Wells Fargo economists predict a 3.4 percent increase in holiday sales this...
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November 23, 2015, 08:06 AM
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Store closing sales began November 20, 2015 at more than thirty Hartstrings stores throughout the U.S. Tremendous discounts of 50-75% off original prices are being offered on a huge collection of the latest apparel for girls, boys, toddlers and...
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November 23, 2015, 07:00 AM
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Conn’s, Inc., a specialty retailer of furniture and mattresses, home appliances, consumer electronics and home office products, and provider of consumer credit announced today that it has amended and restated its asset-based revolving credit facility...
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November 03, 2015, 07:47 AM
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DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $1 million reverse factoring facility to a fashion retailer in Germany. The client, a fashion retailer with over 50...
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October 22, 2015, 07:14 AM
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DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $1 million reverse factoring facility to a fashion retailer in Germany. The client, a fashion retailer with over 50...
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October 07, 2015, 07:17 AM
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After serving the community for close to 5 decades, Hudson Trail Outfitters (“HTO”) has made the difficult decision to close all stores and sell off all inventory. Going-out-of-business sales at all four Hudson Trail Outfitters retail locations will...
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September 03, 2015, 07:30 AM
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Hilco Streambank has been retained by Anna's Linens, Inc., to conduct the sale of its IP portfolio including trademarks, domain names, customer file and e-commerce platform. The bid deadline has been set for August 24th @5:00 PM PST preceding an...
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August 14, 2015, 07:53 AM
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Strategy reported Canadian women’s fashion retail chain Laura has filed for creditor protection.According to the Strategy report, the Quebec-based Laura’s Shoppe Inc. was founded in 1930 and has over 150 stores in Canada under the Laura, Laura...
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August 10, 2015, 08:05 AM
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Hitachi Business Finance today announced a $250,000 A/R financing facility for an outdoor sporting goods company. The company was established in 2014, and was unable to qualify for a traditional bank loan. With an A/R facility from Hitachi Business...
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Nordstrom, Inc. announced it has completed a new five-year $800 million senior unsecured revolving credit facility. The new facility replaces an $800 million senior unsecured revolving credit facility that was scheduled to mature in March 2018.The...
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Grovepoint Capital and Hayfin Capital Management have provided a €25m debt facility to German-based retailer NKD (“NKD or “the Company”). Grovepoint and Hayfin jointly led and structured the debt financing, and Grovepoint acts as facility agent and...
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January 19, 2015, 07:16 AM
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Golub Capital announced that as sole bookrunner and administrative agent it provided a GOLD financing to support the acquisition of Cycle Gear, Inc. by J.W. Childs Associates, L.P. GOLD financings are Golub Capital's One-Loan Debt facilities.With...
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January 09, 2015, 07:44 AM
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Essex Capital Group, Inc., announced the closing of a $4.73 million debt recapitalization for Wayne Oil Company, Inc., a privately-held wholesale petroleum product supplier and retail gas and convenience store chain operating under the Ballpark...
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January 09, 2015, 07:29 AM
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APSCO Appliance & TV Centers, Inc., has filed for Chapter 11 protection and retained Heritage Equity Partners to seek a buyer, partner, or investor for its family owned and operated chain of appliance stores in Pinellas County. Started in 1972 as an...
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December 15, 2014, 07:21 AM
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Fitch Ratings believes that the massive cost cutting plan outlined today by RadioShack is likely not sufficient to forestall a restructuring of the company's debt in the near term. Fitch currently rates RadioShack Corporation's (RadioShack) Long-term...
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December 12, 2014, 07:51 AM
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Despite slower traffic and softer retail sales this past weekend - the official kick-off to the holiday shopping season - 82 percent of top executives are still expecting topline sales this holiday shopping season to be the best in years, according...
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December 02, 2014, 08:02 AM
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RadioShack Corporation announced that it has entered into definitive agreements to restructure a portion of its existing debt, providing additional near-term liquidity and serving as a first step in a stronger foundation for the Company's continued...
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October 06, 2014, 07:28 AM
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44 Business Capital recently closed on a $750,000 SBA loan for Bradley Drugs, of Bethesda, Maryland. Bradley Drugs is a specialty pharmacy serving the pharmaceutical needs of patients in Montgomery County, Maryland and the surrounding area.Greg...
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October 02, 2014, 04:05 PM
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MarineMax, Inc., the nation’s largest recreational boat retailer, announced today that it has expanded its financing facility to provide for borrowings of up to $235 million.The expanded facility has a three-year term, expiring in August 2017, and it...
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September 03, 2014, 07:12 AM
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GE Capital, Corporate Retail Finance announced it is providing financing to C&K Markets, an independent regional supermarket chain. The funding will be used to support the company’s operations and expected growth as it implements a new customer...
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August 14, 2014, 07:23 AM
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CIT Group Inc. provided a senior secured credit facility to support Rosser Capital Partners’ significant investment in PetPeople, a specialty retail pet supply store that focuses on high quality, natural pet food. Financing was provided by CIT Bank...
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Crossroads Financial is pleased to announce that it has provided a $3 million inventory financing facility for the benefit of retail chain of arts and craft stores. The retailer, hit hard by the downturn and loss of foot traffic during the winter...
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Aeropostale, Inc, a mall-based specialty retailer of casual apparel for young women and men, announced that it has entered into definitive agreements with respect to its previously announced strategic partnership and $150 million senior secured...
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According to analysts with Great American Group, Inc., sales performance within the retail industry has varied by sector. In its recently released series of retail monitors, Great American Group reports positive trends within the off-price, jewelry...
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Stage Stores, Inc. announced that it has reached an agreement to sell its Steele’s off-price retail stores to a new retail unit of Hilco Global.
Under the terms of a purchase and sale agreement, Steele’s & Deals, LLC, part of the Hilco Global Retail...
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SUPERVALU INC. announced it has successfully completed the refinancing of its existing $1.5 billion senior secured term loan agreement. The amendment reduces the interest rate margin from 4.0 percent to 3.5 percent while the LIBOR floor remains at...
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February 03, 2014, 07:42 AM
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Crumbs Bake Shop, Inc., the largest cupcake specialty store chain in the U.S., announced the closing of a $5 million senior secured credit facility. The lender, Oklahoma-based Fischer Enterprises, has funded an initial $3.5 million and has committed...
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January 23, 2014, 07:14 AM
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Salus Capital Partners, LLC, announced it has led a $250 million secured term loan to RadioShack Corporation. The term loan was provided alongside an additional $585 million secured credit facility for which GE Capital, Corporate Retail Finance is...
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December 19, 2013, 07:27 AM
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The Bon-Ton Stores, Inc.announced that it has entered into an amendment to the Company's existing $675 million asset-based revolving credit facility that was scheduled to mature in March 2016. Bank of America, N.A. continues to serve as Agent on the...
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December 13, 2013, 07:14 AM
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Retailers may be making their (inventory) lists and checking them twice this holiday season. A new retail outlook survey from CIT Group Inc., a leading provider of financing and advisory services to small businesses and middle market companies...
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November 22, 2013, 07:48 AM
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FTI Consulting, Inc. released its 2013 Holiday Retail Report, forecasting a 4.9 percent increase in holiday sales this season. Despite slowing discretionary spending growth in recent months and anxiety over recent political turmoil in Washington, D.C...
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November 21, 2013, 07:56 AM
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Salus Capital Partners, LLC, announced it has provided a $3.5 million senior secured term loan to Marbles Holdings, Inc. The financing will be used for general corporate purposes.Founded in 2008 and based in Chicago, Illinois, Marbles operates 27...
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November 13, 2013, 07:14 AM
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eImprovement.com Stores, an online home improvement retailer with storefronts such as the award winning eFaucets.com, announced it has signed an agreement with First Business Capital Corp., which will provide the e-retailer and distributor financing...
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October 23, 2013, 07:36 AM
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CIT Group Inc. announced that it provided a senior secured credit facility to The Fragrance Outlet (TFO), a national retailer of perfumes and colognes.The facility will be used to continue to grow the company’s significant outlet mall presence, as...
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September 12, 2013, 07:29 AM
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Pathlight Capital, LLC, a portfolio company of Sycamore Partners, today announced it will serve as the Administrative and Co-Collateral Agent on a $28 million secured term loan facility to Birks & Mayors, Inc., a retailer of fine jewelry...
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August 23, 2013, 09:02 AM
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Monroe Capital announced the funding of a $20.5 million unitranche credit facility to support the growth of an online retail company focused exclusively on distribution into the men’s apparel market.Monroe Capital LLC is a leading provider of senior...
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MarineMax, Inc., the nation’s largest recreational boat retailer, announced today that it has expanded its primary financing facility to provide for borrowings of up to $205 million.The expanded facility has a three-year term, expiring in June 2016...
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Marquette Business Credit recently provided Sports Giant with a $5 million revolving inventory line of credit to support its continued growth.
SportsGiant LLC, based in Carlsbad, CA is a specialty multi-channel retailer of niche sporting goods...
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dELiA*s, Inc. announced that it has entered into a new, four year, $30 million revolving credit facility with Salus Capital Partners, LLC. The new facility replaces the Company’s prior $25 million revolving credit facility with GE Capital, Corporate...
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Golub Capital announced that, as sole bookrunner and administrative agent, it provided a $100 million GOLD debt facility to refinance the existing debt capital structure of Boot Barn, Inc. and support the Company's acquisition of Baskins Acquisition...
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Salus Capital Partners provided a senior secured credit facility to Hudson Trail Outfitters, Ltd., an outdoor sporting goods, apparel and footwear retailer operating in Maryland, Virginia and Washington D.C. The financing will be used to provide...
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Salus Capital Partners, LLC announced it has provided a $15 million senior secured credit facility to A-List, Inc. (Kitson). Proclaimed as a celebrity hot spot, Kitson is the go-to fashion boutique dedicated to pop culture and created for fashion...
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SUPERVALU INC. has successfully completed the refinancing of its existing $1.5 billion senior secured term loan agreement. The amendment reduces the interest rate margin from 5.0 percent to 4.0 percent and reduces the LIBOR floor from 1.25 percent...
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True Religion Apparel, Inc. has entered into a definitive merger agreement with TowerBrook Capital Partners L.P., the New York and London-based investment management firm, in a transaction valued at approximately $835 million.Deutsche Bank, Jefferies...
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ValueVision Media, Inc., a multichannel retailer operating as ShopNBC, today announced that it has increased the size of its credit facility with PNC Bank from $40 million to $50 million and has extended the facility's maturity to five years through...
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Salus Capital Partners provided a C$35 million senior-secured credit facility to Laura’s Shoppe (P.V.) Inc. The company is one of Canada’s leading ladies-wear retailers offering contemporary, accessible fashion for modern women. The financing will be...
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Salus Capital Partners announced it has provided an $8 million senior-secured term loan to Totsy, Inc., a leading private sale site exclusively dedicated to delivering deals on must-haves for parents, babies and kids. The Credit Facility will be used...
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Susser Holdings Corporation closed on a new $500 million revolving credit facility with a variable interest rate initially set at LIBOR plus 200 basis points.
Concurrently, the company has notified the trustee of its $425 million of 8.5% senior...
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BMO Harris Bank’s Sponsor Finance group announced it was joint lead arranger, joint bookrunner and is administrative agent for $77.2 million in senior credit facilities to Genoa Healthcare Holdings, LLC, a Beecken Petty O’Keefe portfolio...
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Appliance Recycling Centers of America (ARCI), a leading provider of appliance retailing and recycling services, announced that the company has entered into a two-year extension of its credit agreement with PNC Bank, which includes a senior secured...
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Salus Capital Partners provided a $10 million senior secured credit facility to Work N’ Gear, Inc., the largest retail chain in the United States specializing in healthcare and industrial name brand work wear apparel and footwear. The Credit Facility...
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Golub Capital announced that as sole bookrunner and administrative agent it provided a GOLD debt facility to support the growth financing of Northern Brewer by Entrepreneur Partners. GOLD financings are Golub Capital's One-Loan Debt...
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Retail sales ticked up in the month of January as consumers adjusted their spending in response to the increase in payroll taxes and rise in gasoline and energy prices. According to the National Retail Federation, the world’s largest retail trade...
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February 19, 2013, 07:48 AM
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As more U.S. retailers cross the border in hopes of tapping the potentially lucrative Canadian market, they should take care to educate themselves about the nuances of Canada’s diverse and relationship-driven business environment, writes Bradley W....
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February 05, 2013, 03:28 PM
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GA Capital, a division of Great American Group that provides senior and junior secured loan facilities to help middle market businesses meet their financing needs, has closed on a $15 million term loan facility for Hancock Fabrics. GA Capital will...
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December 07, 2012, 07:26 AM
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Importers and manufacturers who sell to America's major retailers continue to be optimistic regarding a strong fourth quarter and holiday shopping season, according to Capital Business Credit (CBC), a non-bank lender that services the retail...
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November 20, 2012, 08:08 AM
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Orchard Supply Hardware Stores Corp. closed on a new five-year senior secured credit facility consisting of a $120.0 million revolving credit facility and a $7.5 million FILO term loan, with Wells Fargo Capital Finance and Bank of America. The new...
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October 18, 2012, 08:00 AM
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Wells Fargo Capital Finance acted as left lead arranger and administrative agent and, together with the other arrangers, underwrote a $1.65 billion senior secured, asset-based revolving credit facility for SUPERVALU INC. The facility refinances a...
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September 06, 2012, 06:00 PM
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Salus Capital Partners provided a $21.5 million senior-secured credit facility to a newly created company to purchase certain assets from one of North America’s leading retailer of apparel and accessories. The financing will also be used as working...
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August 06, 2012, 08:00 AM
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Wells Fargo Capital Finance arranged and agented a new five-year $200 million senior secured, asset-based revolving credit facility as part of a recapitalization for Barneys New York. The facility will be used for ongoing working capital...
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