PlattPointe Capital recently arranged a $5 millionbridge loan for the acquisition of a Walgreens in Tampa, Florida. The Sponsor was in the process of combining two portfolios of properties using a CMBS loan that would be held in a Delaware Statutory...
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November 01, 2021, 07:00 AM
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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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April 29, 2021, 08:09 AM
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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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April 07, 2021, 08:07 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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A&G Real Estate Partners (A&G) announced record results for the first nine months of 2020—efforts that resulted in a total of $1.68 billion in occupancy-cost reductions for 51 retailers, restaurants, educational users, office tenants and fitness and...
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November 24, 2020, 08:00 AM
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A&G Real Estate Partners has completed bankruptcy court-approved sales of Stage Stores, Inc.’s Jacksonville, Texas distribution center and two other properties to two buyers. The Melville, N.Y.-based A&G has been serving as real estate advisor for...
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October 22, 2020, 08:00 AM
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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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April 16, 2020, 09:15 AM
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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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Pathlight Capital announced it is serving as the ABL Term Loan Agent on a $10 million first and second lien term loan facility to Manhattan Beachwear Inc., a designer and supplier of women’s swimwear serving all levels and channels of distribution in...
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January 29, 2019, 08:00 AM
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Tradewind closed a reverse factoring facility for a reputable UK-based fashion brand and retailer that sells menswear, womenswear, and accessories. Having office locations that intersect with the client’s suppliers in China, Turkey and Europe...
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May 30, 2018, 07:00 AM
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The Bon-Ton Stores, Inc. announced that it is in active discussions with interested parties in respect of a going-concern bid to acquire the Company in a Bankruptcy Court-supervised sale process. As a result of these discussions, Bon-Ton sought and...
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April 03, 2018, 08:00 AM
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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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March 28, 2018, 08:00 AM
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Avidbank Specialty Finance, a Division of Avidbank that specializes in technology, sponsor finance and asset-based lending, has provided $6.4 million in credit facilities to America’s Thrift Stores (ATS).
Founded in 1984 and headquartered in...
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March 16, 2018, 08:00 AM
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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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Resort wear, home goods, furniture and more are being offered at prices ranging from 25% to 50% off retail as luxury chain Calypso St. Barth liquidates all its stores. Tiger Group and Great American Group are supervising the going-out-of-business...
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December 14, 2017, 08:00 AM
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Allied Affiliated Funding announced the following recently closed transactions:
$750,000 accounts receivable facility to a Texas-based staffing company supporting IT, telecom and accounting/finance customers. This start-up company needed growth...
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December 05, 2017, 08:00 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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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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June 27, 2017, 07:15 AM
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360 Merchant Solutions announced that veteran retail restructuring expert Bill Weinstein will be joining the company as a Partner.
Weinstein will focus on providing creative solutions for our clients ever changing business challenges. As one of the...
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May 30, 2017, 07:00 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $4 million credit facility to new client ItemMaster®, a leading provider of product content services for the US CPG and CPG Retail market. Proceeds from the facility...
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April 26, 2017, 08:00 AM
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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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April 21, 2017, 08:00 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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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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July 08, 2016, 08:03 AM
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Great American Group (GA), a leading provider of advisory and valuation services, asset disposition and auction solutions and a subsidiary of B. Riley Financial, Inc, announced that it will close all 37 Jones New York factory stores in Canada."Great...
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June 20, 2016, 07:39 AM
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The Bon-Ton Stores, Inc. announced that, effective as of January 15, 2016, it has retired its remaining mortgage loan facility due in April using borrowings under the Company’s $830 million revolving credit facility. The mortgage loan facility had...
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January 19, 2016, 07:19 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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The Great Recession changed the face of the banking and finance worlds for many businesses in the apparel sector. Over this period, many business owners turned to accounts receivable factoring to access flexibility in lending and the expertise a...
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August 12, 2014, 07:20 AM
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White Oak Global Advisors, LLC has provided a $15 million senior secured term loan to a provider of thin infrastructure, bi-directional, ultra-low power wireless price tags for retailers.Located in the western United States, the company's products...
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July 16, 2014, 07:31 AM
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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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May 28, 2014, 06:47 AM
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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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March 26, 2014, 07:36 AM
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White Pine Trading LLC, one of the world’s largest recycled diamond companies, announced the launch of White Pine Jewelry Solutions, a new division providing consulting and other services to retailers, manufacturers and wholesalers, and the...
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August 27, 2013, 07:49 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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July 17, 2013, 07:32 AM
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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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March 06, 2013, 08:00 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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