Great American Group Operates Store Closing Sales at All Payless ShoeSource Locations in the United States

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Great American Group Operates Store Closing Sales at All Payless ShoeSource Locations in the United States

Great American Group Operates Store Closing Sales at All Payless ShoeSource Locations in the United States

LOS ANGELES, Feb. 21, 2019 (GLOBE NEWSWIRE) — Great American Group, LLC, a leading provider of asset disposition solutions and wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), today announced that in a joint venture with Tiger Capital Group, it is operating the store closing sales at all Payless ShoeSource locations in the United States and Puerto Rico. This is the largest liquidation by store count in retail history with sales being conducted at approximately 2,100 stores and associated inventory valued at over $1 billion. The sales event began Sunday, February 17.

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