Arena Investors, LP, SB Capital Group and 360 Merchant Solutions Enter Into Strategic Partnership to Fund Scargo Hill Capital

BOSTON, Massachusetts – March 7, 2017 – Scargo Hill Capital, LLC, a new institutional asset manager focused on providing asset-based, senior secured direct lending to the retail and consumer product sectors, today announced that Arena Investors, L.P. (“Arena”) has joined SB Capital Group (an affiliate of Schottenstein) and 360 Merchant Solutions in a strategic partnership Read the full article »

Scargo Hill Capital Launches Asset Management Platform Focused on Senior Secured Direct Lending

Newly Formed Capital Solutions Provider to Support the Financing Needs of Lower Middle-Market Companies BOSTON, Massachusetts – January 10, 2017 – Scargo Hill Capital, LLC, today announced its formation to provide senior secured capital solutions in the lower middle-market across retail, consumer products and the broader supply chain. The firm boasts a partnership of retail Read the full article »

Offenbachers Receives Approval to Begin Going Out of Business Sale in All Stores

LANHAM, Maryland – October 26, 2016 – After more than 44 years in business, Offenbachers, a regional retailer of patio furniture, grills, fireplaces, and recreational products, announced the wind-down of the Company with the closing of all eight stores in the chain. Offenbachers filed a voluntary petition under Chapter 11 of the Bankruptcy Code, and Read the full article »

Jay Schottenstein to be Honored with the T. Kenyon Holly Award

WALTHAM, Massachusetts – July 29, 2016 – Two Ten Footwear Foundation, the national charitable foundation of the U.S. footwear industry, announced plans today for its 77th annual VIP Dinner and Gala, “One Team.” Scheduled for Wednesday, November 30, 2016, the industry’s premier, dual-event evening of philanthropy and entertainment will be held at the legendary Hammerstein Read the full article »

An Iconic Store for the Avid Outdoorsman Closing Forever

CLARKSVILLE, Tennessee – June 28, 2016 – After 53 years in business, Clarksville’s iconic store Grandpa’s Outdoors is closing their doors forever. Mrs. Jackie Langford, Vice President of Grandpa’s, located at 1894 Fort Campbell Boulevard in Clarksville, announced her decision to retire earlier this month. SB Capital Group has been retained by Mrs. Langford to Read the full article »

SBC Logistics Exhibits at RILA Conference

COLUMBUS, Ohio – February 27, 2016 – SBC Logistics will exhibit at the RILA (Retail Industry Leaders Association) 2016 Retail Supply Chain Conference in Dallas, Texas, February 28th through March 2nd. The Retail Supply Chain Conference, hosted by RILA for thirty years, is the industry?s premier educational and networking event for retail supply chain professionals Read the full article »

Joyce Leslie, Inc. Files Motion for a Sale of Its Assets

MOONACHIE, New Jersey – January 18, 2016 – Joyce Leslie, Inc. announced today that it had filed a motion on January 14th for court approval to set bid procedures and an auction date for a sale of most of its assets. Joyce Leslie, Inc. (the “Company”) had previously announced that it had filed a voluntary Read the full article »

SB Capital Group Named Stalking Horse by Cache Inc.

GREAT NECK, New York – February 4, 2015 – SB Capital Group, LLC, is part of a joint venture chosen as the stalking horse bidder for an auction to be held in the event of liquidation by women’s dress and formalwear retailer Cache Inc. of New York. Cache (Nasdaq: CACH) filed for Chapter 11 bankruptcy Read the full article »

Albertsons and Safeway Complete Merger Transaction

BOISE, Idaho and PLEASANTON, California – January 30, 2015 – AB Acquisition LLC and Safeway Inc. (NYSE: SWY, “Safeway”) announced today that they have completed their proposed merger. Under the terms of the merger agreement first announced and unanimously approved by Safeway’s Board of Directors in March 2014, AB Acquisition LLC, the owner of Albertson’s Read the full article »

SB Capital Group and Joint Venture Partners to Liquidate 198 Alco Stores

COPPELL, Texas – November 20, 2014 – After 113 years, Alco Stores (NASDAQ: ALCS), a discount retailer focused on serving consumers in smaller communities with limited access to other regional or national retail chains, is closing its doors forever. The U.S. Bankruptcy Court in Dallas approved an order today authorizing a joint venture including SB Read the full article »