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Gordon Brothers Commits $100 Million for Wholesale Transactions.

Publication: PR Newswire
Publication Date: 25-JUN-02
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BOSTON -- Gordon Brothers Group, LLC, of Boston, the world's largest retail asset-disposition company, announced today the commitment of $100 million to purchase excess consumer goods directly from manufacturers and retailers. The willingness to fund large-scale equity investments supports the rapid expansion of Gordon Brothers' wholesale division, Gordon Brothers Wholesale, LLC.

"Gordon Brothers has always made significant equity investments in our retail inventory, real estate and fixed asset...

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