NEW YORK, NY - November 12, 2026 - A joint venture of GA Group, Tiger Group, SB360 Capital Partners, Gordon Brothers, and Hilco Global (collectively, the "JV"), today announced that, following approval by the United States Bankruptcy Court for the District of New Jersey, it has commenced going-out-of-business sales at all The Children's Place and Gymboree retail locations across the United States and Canada. In addition, the JV is conducting a comprehensive inventory liquidation event through both ecommerce platforms.
The going-out-of-business store sales
and online inventory blowout are expected to continue for a limited time while
supplies last, offering customers significant savings on a wide assortment of children's
apparel, footwear, accessories, seasonal merchandise, and other products. Shoppers
can capitalize on exceptional discounts leading into the holiday shopping
season, with new markdowns expected as the sale progresses. Merchandise
assortment, discount levels, and product availability will vary by location and
are subject to change from time to time.
President and Head of Retail, Merchant and Industrial Solutions,
GA Group
"This sale represents a unique
opportunity for families to access substantial savings on a trusted children's
apparel brand during one of the busiest shopping periods of the year," said Joe
Malfitano, President and Head of Retail, Merchant and Industrial Solutions at
GA Group. "Our joint venture has extensive experience managing large-scale
retail disposition programs, and we are committed to conducting an orderly and
efficient process while delivering exceptional value to customers."
All stores will remain open during
their regularly scheduled business hours unless otherwise posted. Customers are
encouraged to visit The
Children's Place and Gymboree
store locators to find the nearest store and confirm operating hours.
Customers holding The Children's
Place gift cards are encouraged to redeem them as soon as possible. Pursuant to
court-approved procedures, gift cards will be honored through December 12, 2026, after
which they may no longer be accepted. Customers should check store signage, the
ecommerce sites, or court-approved notices for updates regarding gift card
redemption deadlines and related customer programs.
Customers are encouraged to shop
early for the best merchandise selection. All sales are final, subject to
posted terms and conditions. Previous The Children's Place policies may be
modified, and certain exclusions and restrictions may apply.
About GA Group
Great American Holdings, LLC ("GA Group"), is a privately held global firm offering a comprehensive set of tailored solutions to meet our clients' diverse needs. Our experts provide advisory and valuation services, as well as monetize, lend against, and acquire assets across a broad range of sectors from both healthy and distressed companies. GA Group and its predecessors are celebrating over 50 years of customer service, and the company's leadership has over 100 years of collective experience in the industry. GA Group is wholly-owned by funds managed by Oaktree Capital Management, L.P. For more information, please visit www.gagroup.com.
About Tiger
Group
Tiger Group provides appraisal and field exam
services, investment banking, financing solutions, and asset monetization
services. With over 50 years of experience and unmatched asset intelligence,
Tiger helps diverse clients navigate growth, transition, and special situations
by providing the due diligence, insights, and execution needed to uncover
opportunity and protect value. The company maintains offices in New York, Los
Angeles, Boston, Chicago, Houston and Toronto. For more information, please
visit www.tigergroup.com.
About SB360
Capital Partners
SB360 Capital Partners, a Schottenstein Affiliate, is one of North America's leading firms providing advisory, asset realization, and restructuring services across retail and consumer industries. SB360 invests equity capital to support growth opportunities, fund business turnarounds, and provide liquidity to businesses navigating change. The firm encompasses business groups involved in advisory services, asset disposition, luxury diamond and jewelry assets, new store sets, and commercial real estate advisory and investment. SB360's lending arm, Second Avenue Capital Partners, provides asset-based loans for middle-market companies. SB360's principals hold extensive financial interests in internationally recognized retail and wholesale companies, consumer brands, financial service operations, and commercial, residential and industrial real estate properties. For more information, please visit www.sb360.com.
About Gordon
Brothers
Founded in 1903, Gordon Brothers delivers
integrated solutions through our asset advisory services, lending and
financing, and trading. With deep expertise in brands, industrial, retail and
real estate, we are the original global asset expert, working across business
growth stages to deliver liquidity, create security, enable growth and maximize
asset value. We are headquartered in Boston with more than 30 offices across
North America, Europe, the Middle East, Africa and Asia Pacific. For more information,
please visit www.gordonbrothers.com.
About Hilco Global
Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial
services company that delivers integrated professional services and capital
solutions that help clients maximize value and drive performance across the
retail, commercial and industrial, real estate, manufacturing, brand and
intellectual property sectors, and more. Hilco Global provides a range of
customized solutions to healthy, stressed and distressed companies to resolve
complex situations and enhance long-term enterprise value. Hilco Global works
to deliver the best possible result by aligning interests with clients and
providing strategic advice and, in many instances, the capital required to
complete the deal. Hilco Global is based in Northbrook, Illinois and has more
than 810 professionals operating on four continents. Visit www.hilcoglobal.com.
Media: [email protected]
Source: GA Group