Fortunoff Starts Liquidating $212 Million Inventory
16257 Thu, 02/26/2009 - 12:54pm
WESTBURY, N.Y.–Fortunoff Holdings will conduct a court-ordered bankruptcy liquidation sale beginning today. The sale will include all 20 store locations in New York, New Jersey, Connecticut and Pennsylvania.
The retailer will liquidate inventory valued at about $212 million.
The retailer was sold to Great American Group, Hudson Capital, SB Capital, Tiger Capital, Kimco Realty Services and jewelry liquidators Bobby Wilkerson Inc. and The Gordon Company.