4.16.12

Haggar Announces New Leadership

 

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

 

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

 

 

 

GIGANTIC INVENTORY CLEARANCE SALE MAKES DREAM KITCHENS A REALITY - EVEN FOR TWIN CITIES HOMEOWNERS ON A BUDGET

PLYMOUTH, Minn. (7/17/08) – Hip designers of high-end kitchens have long turned to Guyer’s Builder Supply to find coveted brands like Wolf, Sub-Zero, Viking and TurboChef for their well-heeled clients. Now, thanks to a gigantic clearance sale underway at the company’s 100,000-square-foot. Plymouth warehouse, even homeowners of more modest means can put together the kind of dream kitchens they once salivated over while watching star chefs on The Food Network or HGTV.

Guyer’s is liquidating approximately $3.5 million in excess and showroom inventory as part of a strategic consolidation that involves closing locations in Apple Valley, Minn., Eau Claire, Wisc., and others, said Stevan Buxbaum, executive vice president of Agoura Hills, Calif.-based Buxbaum Group, which is conducting the sale with Stonehill Financial, LLC, the Minnesota-based consulting and financial advisory firm that is the agent for Guyer’s lender.

The Plymouth warehouse, located at 13405 15th Ave. N., is filled with modern, stainless-steel hoods and ranges, state-of-the-art microwave and convection ovens, better cabinetry and more. Shoppers will find discounts of up to 50% on appliances by a designer’s shortlist of brands, including Miele, Bosch, Dacor, Aga and Kitchen Aid. Discounts on cabinetry run as high as 75%. Other, still-in-the-box merchandise is priced at cost, plus 10%, Buxbaum says.

“Demand for high-end kitchens reached its apex during the recent housing boom as luxury homebuilders installed chic new kitchens, and homeowners, often flush with refinancing cash, sought to upgrade out-of-date kitchens from the 1970s and ’80s,” explained Buxbaum, who is based in the firm’s Minneapolis office. “During the housing run-up, in fact, the average cost of a typical kitchen renovation exceeded well over $75,000 in major markets.” On a more local level, a consequence of the housing collapse was that builders failed to pay Guyer’s for several million dollars of appliances delivered to builders and their customers.

The Plymouth warehouse is open from 9 a.m. to 8 p.m. on Wednesdays and from 9 a.m. to 5 p.m. on all other weekdays. It is open from 10 a.m. to 4 p.m. on Saturdays and noon to 4 p.m. on Sundays. New kitchen appliances, cupboards, and fireplaces not in stock may be purchased from Kitchen Pros, LLC, now located in the same building as Guyer’s. For directions or other information on the sale or inventory, visit www.guyers.com.

About Buxbaum Group - Buxbaum Group has built its reputation for over 30 years as one of the largest liquidators and appraisers of retail and wholesale inventories across North America. While continuing to operate in those areas, the company has shifted its primary focus in recent years to turnaround investing.

About Stonehill Financial - Stonehill Financial, LLC is a Minnesota-based distressed company advisor to lenders and borrowers. Stonehill Financial also purchases distressed commercial and industrial loans from financial institutions.

Press Contacts: At Buxbaum Group, Stevan Buxbaum (612) 363-6517; at Parness & Associates Public Relations, Lisa Kreda or Bill Parness, (732) 290-0121; at Stonehill Financial, Donald Swenson (952) 224-2204