4.16.12

Haggar Announces New Leadership

 

3.19.12

BJA Auctions Antique

& Estate Jewelry

 

2.28.12

Final Phase of Continental GOB Sale

 

11.29,11

Continental Jewelry Closing in Tampa

 

11.15.11

Unico Designs

the look to hold Two-Store retirement

 

3.2.11

Surya Capital in Association with BJA Purchase Robbins Diamonds Inventory

 

11.11.10

Jewelers Could Have

A Happier Holiday This Year

 

8.23.10

Maharaja's Loses Beachfront Store

as Oil Wary Tourists Avoid the Gulf

 

7.28.10

Buxbaum Group Relocates

 

6.29.10

Michael Lebowitz Joins

Buxbaum Jewelry Advisors

 

6.21.10

Lisa Ketrick Joins

Buxbaum Jewelry Advisors

 

5.14.10

Gold-Buying Helps Jewelers

Weather Great Recession

 

3.29.10

Buxbaum Jewelry Advisors

Helps Hoff Family Jewelers

 

1.12.10

Rapid Sale of $1.5 M Inventory Shows  Demand for Value Jewelry

 

6.18.09

Highly successful sale for

Henricks Jewelers Bonita Springs

 

5.06.09

M.J. Christensen Plans To

Reopen Under New Name

 

5.04.09

Filene's Basement Files

For Chapter 11

 

4.29.09

M.J. Christensen

Store Closing

 

4.23.09

Reviewing All 'Available

Business Options’ for Filene's

 

3.24.09

Jewelry Superstore .Offers

Huge Discounts In

Going Out Of Business Sale

 

11.26.08

Retailers to Shout 'Value!' from the Rooftops This Holiday Season

 

9.24.08

Buxbaum Forms Wholesale, Retail

Jewelry Liquidation Venture

 

7.21.08

Toys, Games, and Collectibles

Offered at Huge Discounts

 

7.17.08

Dismal Consumer Confidence

Undermines 'Immunity'

of Luxury Retail

 

7.17.08

Gigantic Inventory Clearance Sale

Makes Dream Kitchens A Reality

 

3.12.08

Western Wear Chains Offering Huge Savings at Special Inventory Sale

 

11.05.07

Shoppers Can Expect Quick Holiday  Bargains As Worried Retailers Cut Prices

 

10.24.07

Rosslyn Hotel Renovation

into Affordable and

Market-Rate Housing

 

9.10.07

Retailers's Shift Away

from Purchasing Contracts

 

7.09.07

Buxbaum Group Relocates

to Agoura Hills, CA

 

5.03.07

Downturn Means Uncertainty For

New Breed of Asset-Based Lenders

 

2.22.07

Collectors Art

Going-Out-of-Business Sale

 

11.02.06

Buxbaum Group Announces Senior Executive Changes

 

10.23.06

What Will the Holiday Season Bring

 

10.18.06

Marcos and York Join Buxbaum Group

Asset Appraisal Group

 

4.12.06

Acquisition of Honduran Factory to

Help Indosheen Regain Prominence

 

1.03.06

Buxbaum Group Readies

Indosheen for More Growth

 

11.09.05

 Confirmation Hearing on

Waterman Reorganization

 

10.25.05

Buxbaum Group

Gets Gramicci

Back On Track

 

10.20.05

Buxbaum Group the Key to

Sale of Rampage

 

2.17.04
Buxbaum Group Inventory
Appraisals Hit $5.0 Bil.
in 2003

 

1.7.04
David Buxbaum Named to Local
Airport and Hospital Boards

 

12.24.03

Right Start Stores Now in
Liquidation Mode, As Court
Rejects Offer On Business


12.9.03
Buxbaum Group Inventory
Appraisals Exceed $3.5 Bil.
on Target to Reach $5.0 Bil.
for 2003

 

12.4.03
Inventory Clearance Sales
Begin in All 142 FAO Schwarz,
Zany Brainy, and the
Right Start Stores

 

3.27.03
Buxbaum Group Appraised
Approx. $4.0 Billion
in Inventories in 2002

 

2.28.03
Court Approves GOB Sales
For Troutman's Emporium;
Buxbaum Group, Others
to Run Liquidation

 

 

 

 

COURT APPROVES GOING-OUT-OF-BUSINESS SALES FOR TROUTMAN'S EMPORIUM; Buxbaum Group, SB Capital Group, Tiger Capital Group to Run Liquidation

EUGENE, Ore., Feb. 28, 2003 (PRNewswire) - Going-out-of-business sales will begin immediately in the 34 family department stores in five states operated by Troutman's Emporium.

The sales, which start today, are being conducted by a joint venture consisting of the national leading liquidating firms Buxbaum Group, SB Capital Group, and Tiger Capital Group. The liquidators were approved yesterday by the U.S. Bankruptcy Court for District of Oregon, in Eugene. Emporium, a privately held family department store operator, filed for protection under Chapter 11 of the Federal Bankruptcy Code on Jan 14, 2003. The bankruptcy filing covered the Troutman Investment Company (DBA Troutman's Emporium), a Eugene, Ore.-based corporation.

In addition to inventory disposal, Buxbaum Group, SB Capital Group, and Tiger Capital Group are assisting with the sale of the store fixtures and equipment, which are all expected to be sold at significant discounts. Payment may be made with cash, major credit cards, and with Emporium's private label card.

Locations typically range in size from approximately 16,000 to 80,000 square feet. The company has approximately 1,600 employees in its stores, headquarters and a distribution center. Emporium operates in the western part of the country, with stores located in Oregon, Washington, Idaho, Nevada and California. Troutman's Emporium was founded by Dallas Troutman, who was 25 when he opened his first department store in 1955, in North Bend, OR. The 4,000 square foot former grocery store was distinguished by movable walls that could be adjusted depending upon the inventory levels. That first location was later expanded into a regional chain.

"After 48 years in business, Troutman's Emporium was known for its commitment to customer satisfaction, but in today's competitive environment, that just isn't enough to attract and retain customers," said Paul Buxbaum, CEO of Buxbaum Group. "In this new era, the public has shifted its buying patterns, and family department stores are getting squeezed in the middle. If the company's locations are ultimately leased to other retailers, we would hope that current Troutman's employees could be quickly repositioned with new employers."

Buxbaum Group, based in Calabasas, Calif.; Tiger Capital Group, which is based in Boston, Mass.; and Great Neck, N.Y.-based SB Capital Group are nationally recognized firms in the liquidation business. They specialize in consumer-product inventories, machinery and equipment and other assets.

Press Contacts: At Buxbaum Group, Arnold Rubenstein, (800) 990-6820; at Parness & Associates Public Relations, Bill Parness or Lisa Kreda (732) 290-0121.