390 Stores. A National Specialty
Retailer Completes Its Wind-Down.
An early landmark engagement for James Schaye and Hudson Capital Partners — the complete liquidation of Service Merchandise across 390 store locations nationwide.
The Engagement
Service Merchandise, a Nashville-based specialty retailer offering jewelry, home goods, and consumer electronics across approximately 390 U.S. store locations, was one of the early landmark liquidation engagements for James Schaye and Hudson Capital Partners. The engagement helped establish the institutional framework for large-scale, multi-location retail dispositions that would later define Hudson Capital's — and ultimately Eaton Hudson's — approach to Tier-1 retail liquidations. The company's jewelry department, a core revenue driver, was a particular focus of the disposition strategy.
This engagement was led by Eaton Hudson founder James Schaye through Hudson Capital Partners, the predecessor firm whose institutional track record is now represented under the Eaton Hudson banner.
Scope of Work
- Complete inventory liquidation across approximately 390 store locations
- Jewelry, home goods, and consumer electronics disposition
- Multi-location, multi-state going-out-of-business sale management
- Real estate and lease wind-down support
The Eaton Hudson Advantage
Service Merchandise was one of the formative engagements in James Schaye's career as a retail liquidator — an early proof point that established the systematic, financially disciplined approach to large-scale retail disposition that now defines every Eaton Hudson engagement.
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