US: BTWW holds going out of business sales
BTWW, a US retailer of western apparel, footwear and work wear, has announced a final liquidation sale on all merchandise at its remaining 78 retail locations.
The going out of business sales will be managed by a consortium of asset recovery firms including Great American Group, Hudson Capital Partners, SB Capital Group and Tiger Capital Group.This consortium is currently managing going out of business sales for both Mervyn's and Steve & Barry's.
BTWW said the liquidation sale will be conducted under the orders of the US Bankruptcy Court, which is supervising the BTWW bankruptcy proceedings.
The company has been operating under Chapter 11 Bankruptcy since 3 November. Its stores includes Boot Town, Corral West, Western Warehouse, Sergeant's, Job Site and Work Wear Depot.
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