By  on February 26, 2009

Going-out-of-business sales will begin today at Fortunoff Holdings LLC’s 20 retail locations, after a federal bankruptcy judge gave final approval of the estate’s sale to a seven-party joint venture group Wednesday.

The firms are Tiger Capital Group LLC, SB Capital Group LLC, The Great American Group WF LLC, Hudson Capital Partners LLC, The Gordon Co. Inc. and Bobby Wilkerson Inc. The group will manage the liquidation of Fortunoff’s remaining housewares and jewelry inventory, which is valued at retail at about $212 million.

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