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

 

BUXBAUM GROUP ANNOUNCES SENIOR EXECUTIVE CHANGES

CALABASAS, Calif. (11/2/06)—Buxbaum Group, a turnaround investing and consulting firm headquartered here, today announced several changes in its senior executive ranks.

Paul Buxbaum, 51, chairman and chief executive officer, will reassume the role of president, while Jim Siebersma, 50, executive vice president, will take on the additional post of chief operating officer. Siebersma will continue to direct the firm’s Asset Appraisal Group. These moves follow the resignation of David Ellis, 43, president and chief operating officer, who left the firm to pursue other interests. The firm also announced that executive vice president Richard Ellis, 43, has resigned to pursue other interests.

Additionally, Scott Rusczyk, 41, who joined the firm earlier this year as director of business affairs, has been named vice president-business affairs. In this post, he will be responsible for overseeing all activities of Buxbaum Group, including the firm’s liquidation, advisory and turnaround engagements, as well as investments, mergers and acquisitions. Rusczyk rounds out a senior team that also includes executive vice president Stevan Buxbaum, 53, who leads the firm’s marketing and business development efforts.

            Siebersma, who has been affiliated with Buxbaum Group since 1989, has led the Asset Appraisal unit since 1996. In that role, he has been directly involved in the valuation and appraisal of billions of dollars of inventories across a broad range of consumer product categories within the wholesale distribution and retailing channels. Prior to directing the Asset Appraisal Group, he was a lead supervisor on several liquidations conducted by the firm’s Asset Recovery Group. Siebersma began his career in retailing in 1977 at Denver-based Fashion Bar, rising from the sales floor on up through store level management positions and to merchandise buyer. In 1984, he relocated to San Antonio to join upscale department store Frost Brothers, where he held several buying positions before being promoted to general merchandise manager.

“Jim’s diverse experience within our organization and in retailing made him the logical choice for the role of COO,” said Paul Buxbaum, who has been a principal in Buxbaum Group and its predecessor companies for over 26 years, and became its sole owner in 1997. “While heading our Asset Appraisal Group for the last 10 years, he was also actively involved in various liquidation, acquisition and turnaround projects, earning the trust of clients in all areas of our business.” 

Rusczyk joined Buxbaum Group in March 2006 after working as an independent consultant for approximately six years. Prior to that, he spent 11 years practicing law in New York, with a particular focus on corporate bankruptcies, including Chapter 11 reorganizations, Chapter 7 liquidations and creditors’ rights representation. He was a partner in bankruptcy boutique Siegel, Sommers & Schwartz, LLP and, later, an associate at Kronish, Lieb, Weiner & Hellman, LLP, following Siegel Sommers’ merger with the larger firm. He earned a J.D. degree at Brooklyn Law School.

            “Through our work on various bankruptcies, I have known Scott for over 15 years,” Paul Buxbaum commented. “Since joining us, Scott has deployed his business acumen and legal background to rapidly emerge as a valued advisor to our senior management team on a variety of issues. We look forward to his guidance in further growing our business in this new, expanded role.”    

About Buxbaum Group - Buxbaum Group had 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.

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