Sharper Image(R) Store Closing Sale Now Underway at All Locations
June 01 2008 - 2:00PM
Business Wire
Store closing sales have just begun at all 86 Sharper Image� stores
as part of a major transformation of the Sharper Image brand. Over
$50 million of inventory is being sold. Discounts of 20% to 40% are
now being offered on all merchandise in all stores. Consumers will
be able to take advantage of deep discounts and important savings
on electronics and toys as well as products for the home, personal
care, the office and travel. The store closing program is led by
Hilco Merchant Resources, LLC and Gordon Brothers Retail Partners,
LLC. Michael Keefe, President of Hilco Merchant Resources stated,
�This is an outstanding opportunity for consumers to realize
unprecedented savings on a remarkable selection of products not to
be found anywhere but in Sharper Image stores. This is sure to be a
very popular sale, which will not last very long and comes at a
perfect time for making Father's Day gift purchases." Going
forward, transformation of the Sharper Image brand will be led by
Hilco Consumer Capital, LLC, Gordon Brothers Brands, LLC and
additional joint venture partners. The group, which purchased the
iconic brand at a bankruptcy auction on May 29, 2008, has developed
a global licensing strategy for wholesale, retail, direct-to-retail
(DTR), e-commerce and catalog businesses that will exploit The
Sharper Image�s heritage of quality, excitement, innovation and
fun. The Sharper Image brand will be extended internationally in
both existing and new product categories. Store closing sales are
being conducted at all Sharper Image locations: Store Location �
Address � City � St. The Summit � 250 Summit Blvd. � Birmingham �
AL Chenal Place 12319 Chenal Pkwy. Little Rock AR Kierland Commons
15054 N. Scottsdale Rd. Scottsdale AZ Chandler Fashion Ctr. 3111
West Chandler Blvd. Chandler AZ South Bay Galleria 1815 Hawthorne
Blvd. 160 Redondo Beach CA Fashion Island 401 Newport Ctr., A 225
Newport Beach CA Main Place 2800 N. Main 652 Santa Ana CA Village @
Corte Madera 1544 Redwood Hwy. Corte Madera CA Fashion Valley Mall
7007 Friar�s Rd. San Diego CA Valley Fair Mall 2855 Stevens Creek
Blvd. Santa Clara CA Stanford Shopping Ctr. 16 Stanford Shopping
Ctr. Palo Alto CA Gardens on El Paseo 73-595 El Paseo Palm Desert
CA Mission Viejo 440 Shops at Miss. Viejo Mission Viejo CA
Hillsdale Ctr. 160 Hillsdale Ctr. San Mateo CA The Oaks Ctr. 578
West Hillcrest Dr. Thousand Oaks CA Stoneridge Ctr. 1650 Stoneridge
Mall Rd. Pleasanton CA Victoria Gardens 12434 South Main St. Rancho
Cucamonga CA Santa Anita 400 S. Baldwin Ave. Arcadia CA Cherry
Creek Ctr. Space 163 Denver CO Aspen Grove 7301 South Santa Fe Dr.
Littleton CO Georgetown Park 3222 M St. NW Washington DC Town Ctr.
Boca Raton 276 Town Ctr. Boca Raton FL Gardens 3101 PGA Blvd., Sp
125 Palm Bch. Gdns FL Dadeland Mall 7507 N. Kendall Dr. Miami FL
Sawgrass Mills 12801 W. Sunrise, Sp. 331 Sunrise FL Aventura Mall
Room 1721 Aventura FL Florida Mall 8001 S. Orange Blossom Tr.
Orlando FL International Plaza 2223 N. West Shore Blvd. Tampa FL
The Mall at Millenia 4200 Conroy Rd., Suite 290 Orlando FL St.
Johns Town Ctr. 4712 River City Dr. Jacksonville FL North Point
Mall 1030 North Point Circle Alpharetta GA Oglethorpe Mall 7804
Abercorn Extension Savannah GA Phipps Plaza 3500 Peachtree Rd. NE
Atlanta GA Ala Moana Ctr. 1450 Ala Moana Blvd. 2232 Honolulu HI
Queen Kaahumanu Ctr. 275 W. Kaahumanu Ave. Kahului HI Woodfield
Ctr. L103 Woodfield Schaumburg IL Oakbrook Ctr. 500 Oakbrook Ctr.
Oak Brook IL Keystone Crossing 8701 Keystone Crossing Indianapolis
IN Oxmoor Ctr. 7900 Shelbyville Rd. Louisville KY Lakeside Ctr.
3301 Veterans Mem. Blvd. Metairie LA Natick Collection 1245
Worcester St. Natick MA Montgomery Mall 7101 Democracy Blvd.
Bethesda MD Somerset Collection W 2801 Big Beaver Rd. Troy MI
Country Club Plaza 333 West 47th St. Kansas City MO Crabtree Valley
Mall 4325 Glenwood Ave. Raleigh NC SouthPark Mall 4400 Sharon Rd.
Charlotte NC Mall at Short Hills 1200 Morris Turnpike Short Hills
NJ Bridgewater Commons 400 Commons Way, # 159 Bridgewater NJ Garden
State Plaza Routes 4 & 17 Paramus NJ Marlton Square Ctr. 300
Route 73 South Marlton NJ Menlo Park Mall 55 Parsonage Rd., Unit
441 Edison NJ ABQ Uptown 2201 Q St. NE Albuquerque NM Fashion Show
3200 Las Vegas Blvd. Las Vegas NV Crossroads Commons 8885 West
Charleston Las Vegas NV Green Valley Ranch 2225 Village Walk Dr.
Henderson NV Galleria at Sunset 1300 West Sunset Rd. Henderson NV
10 West 57th St. 10 West 57th St. New York NY The Westchester 125
Westchester Ave. 3180 White Plains NY Roosevelt Field Ctr. Space
2081 Garden City NY Palisades Ctr. 2562 Palisades Ctr. Dr. West
Nyack NY Smith Haven Mall 138 Smith Haven Mall Lake Grove NY Eton
Chagrin Blvd. 28853 Chagrin Blvd. Woodmere OH Easton Town Ctr. 4205
The Strand Columbus OH Penn Square Mall 1901 Northwest Expressway
Oklahoma City OK Woodland Hills Mall 7021 South Memorial Tulsa OK
Washington Square 9348 SW Washington Sq. Rd. Tigard OR Plaza King
of Prussia 160 North Gulph Rd. King of Prussia PA Village at
Sandhill 470-16 Town Ctr. Place Columbia SC Mall at Green Hills
2126 Abbott Martin Rd. Nashville TN Preston Ctr. 8411 Preston Rd.
130 Dallas TX North Star Mall 7400 San Pedro San Antonio TX Houston
Galleria 3 5175 Westheimer Ste 2430 Houston TX Baybrook Mall 1042
Baybrook Mall Friendswood TX NorthPark Ctr. 624 Northpark Ctr.
Dallas TX Sugar Land Town Sq. 16165 City Walk Sugar Land TX
Highland Village 4056 Westheimer Houston TX Market St. - Woodlands
9595 Six Pines Dr. The Woodlands TX Barton Creek Square 2901
Capital of Texas Hwy. Austin TX La Plaza Mall 2200 S 10th St, Space
P-01 McAllen TX Shops at La Cantera 15900 La Cantera Pkwy. San
Antonio TX Tysons Galleria 2001 International Dr. McLean VA Dulles
Town Ctr. 21100 Dulles Town Circle Dulles VA Century Square 116
1501 Fourth Ave. Seattle WA Bellevue Square 264 Bellevue Square
Bellevue WA Alderwood Mall 3000 184th St. Southwest Lynnwood WA
Mayfair Mall 2500 North Mayfair Rd. Wauwatosa WI About The Hilco
Organization Hilco is a privately-held, diversified financial and
operational services firm whose principal competency is
understanding the value of tangible and intangible business assets.
Using this knowledge, Hilco appraises, buys, sells, finances and
enhances the performance of business assets, including consumer
products and industrial inventory, machinery and equipment, real
estate, accounts receivable and intellectual property. Hilco serves
retailers, wholesalers, distributors and manufacturers, direct and
through their financial institutions and consulting professionals.
Hilco also serves lenders, private equity firms, hedge funds and
investment banking firms. For more information, visit:
www.hilcotrading.com. About Gordon Brothers Group, LLC: Founded in
1903, Gordon Brothers Group (www.GordonBrothers.com) is a global
advisory, restructuring and investment firm specializing in retail
and consumer products, industrial and real estate sectors. Gordon
Brothers Group maximizes value for both healthy and distressed
companies by purchasing or selling all categories of assets,
appraising assets, providing debt financing, making private equity
investments, and operating businesses for extended periods. Gordon
Brothers Group conducts over $40 billion in annual transactions and
appraisals.