Results Exceeded Projections While Delivering On Time and on Budget
After filing for Chapter 11 bankruptcy, regional discount home improvement retailer HOBO engaged Hyper Group, along with two other joint venture partners, to liquidate all seven of its retail stores and a distribution center.
Hyper Group developed a comprehensive liquidation strategy and managed the sell-through of approximately $25 million in inventory through coordinated Going Out of Business sales across all locations. Hyper Group oversaw pricing, promotional strategies, in-store execution, and daily performance statistics to maximize recovery.
The retail liquidation was completed within the client’s required timeline and generated results that exceeded projected recoveries.
Contact one of our professionals to find a tailored solution that’s right for you.
