by Mike Duff | Feb 21, 2025 | Retail Articles
Hilco Real Estate, enlisted to sell 121 JCPenney properties, reported the stores will continue operating under the JCPenney retail banner after they are sold. The stores set to be sold have been operating under 20-year leases, with about 16-and-a-half years remaining....
by Mike Duff | Feb 10, 2025 | Retail Articles
Hilco Real Estate announced that it is supervising placement of 121 net-lease JCPenney properties on the market. The placement is supervised by Hilco JCP, an affiliate of Hilco Real Estate and manager of Copper Property CTL Pass Through Trust, established in the...
by Mike Duff | Feb 4, 2025 | Retail Articles
Essex Technology Group, which does business as closeout retailer Bargain Hunt, has filed for Chapter 11 bankruptcy protection with the United States Bankruptcy Court for the Middle District of Tennessee. Bargain Hunt is a closeout chain based in Nashville, TN,...
by Mike Duff | Jul 6, 2023 | Featured News, Retail Articles
Tuesday Morning has chosen to convert its Chapter 11 bankruptcy filing to a Chapter 7 status and is going out of business. The company filed for Chapter 11 bankruptcy protection in February. In a court filing with the United Bankruptcy Court for Northern District of...
by Mike Duff | May 22, 2023 | Retail Articles
Christmas Tree Shops is closing 10 locations in seven states as part of its Chapter 11 bankruptcy actions. Liquidator Hilco Global reported store closing sales have begun at the shuttering stores in Pembroke Pines, FL; Kennesaw, GA; Falmouth and Sagamore, MA; Flint,...