While other stores are gearing up for Black Friday, 198- location discount retailer ALCO Stores Inc. has begun to liquidate (In re ALCO Stores Inc., Bankr. N.D. Tex., 14-34941, liquidation order 11/20/14).
A judge in Dallas signed an order Nov. 20 authorizing going-out-of-business sales by a joint venture of Tiger Capital Group LLC, SB Capital Group LLC and Great American Group WF LLC.
The joint venture won the right to run the sales after no other qualified competing bid was received by the Nov. 17 deadline.
More than $260 million of inventory, fixtures and equipment will be ...
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