Tower Records Liquidation | Eaton Hudson

Court-appointed Designation Rights Purchaser across 89 stores in 20 states, Case No. 06-10886. Led by founder James Schaye.

Pages

Home
Valuation Appraisals — NOLV, FLV, and fair market value appraisals built on our own liquidation results. Inventory, machinery, jewelry, real estate, and business valuation.
Industry Retail — Store closing sales and inventory disposition for national chains and independents. Engagements include Circuit City, Toys R Us, JCPenney, and Kmart.
Deal Room — Landmark liquidation and disposition mandates since 1987, including Circuit City, Tower Records, Whitehall Jewelers, and eight campus wind-downs.
About — Founded in 1987 and part of RMP Partners. Leadership, credentials, and the operating record behind $2.8B+ in completed asset dispositions.
Monetization Disposition — Store closing sales, going-out-of-business events, and turnkey liquidation across retail, industrial, and institutional assets. Executed since 1987.
Capital Advisory — Asset-backed capital solutions, DIP financing support, and M&A advisory for companies in restructuring, turnaround, and distressed transactions.
Real Estate Solutions — Lease mitigation, portfolio rationalization, property disposition, and receivership support for owners, lenders, and fiduciaries nationwide.
Legal Fiduciary — Valuation, monetization, and disposition for trustees, receivers, assignees, and counsel in bankruptcy, receivership, and assignment matters.
Receivership — Court-approved valuation, operating support, and asset disposition for receivership matters nationwide. Houston-based, working in Texas and federal courts.
Abc — Pre-assignment valuation, wind-down execution, and creditor reporting for ABCs nationwide. Assignee appointments through Equitable Asset Management.
Industry Commercial Industrial — Machinery, equipment, and plant asset appraisal and disposition for manufacturers, lenders, and fiduciaries. Deployed across 40+ facilities.
Industry Wholesale Distribution — Excess, obsolete, and returned wholesale inventory valued and monetized through secondary channels without disrupting primary customer relationships.
Industry Ecommerce — Returns, overstock, and warehouse inventory disposition for online retailers and consumer brands, backed by $2.8B in completed dispositions since 1987.
Industry Legal — Independent appraisal, workout, and disposition services for law firms, litigation portfolios, and legal receivables, serving lenders, courts, and fiduciaries.
Insights — Analysis on asset valuation, distressed M&A, retail inventory risk, and liquidation recovery from a firm that runs the sales it writes about.
Contact — Speak with our team about asset valuation, liquidation, or disposition. Bellaire, TX headquarters. Call (713) 952-2500 or send an inquiry.
James Schaye — Founder and Senior Managing Partner. Established Eaton Hudson in 1987 and led liquidations for Circuit City, Toys R Us, JCPenney, and Tower Records.
Amir Mireskandari — Senior Managing Partner and CEO of RMP Partners. Managed emerging markets for the World Bank IFC, with postgraduate study at Harvard Business School.
Mona Miles — Oversees day-to-day operations and project management across engagements, bringing more than 20 years of progressive leadership experience.
Joshua Thompson — Leads digital strategy, cybersecurity, and data infrastructure, and heads the firm's E-Commerce Liquidation Division. 25+ years in enterprise technology.
Jack Nichols — General Counsel with an M.B.A. and J.D., advising on distressed business operations and asset security across restructuring and wind-down engagements.
Trent Simpson — Texas-licensed attorney with an active receivership practice. Finance degree from TCU, J.D. from Tulane. Focuses on distressed businesses and asset security.
Michael Chang — Leads real estate for Eaton Hudson. Has managed more than 250,000 square feet of commercial space and $50 million in residential listings.
Darlene Underwood — 30+ years in liquidation operations and organizational restructuring, including court-appointed receiverships through affiliated practice.
Skye Westcott — 35 years in home furnishings and retail. Former President of Coco Republic and HD Buttercup, and SVP of Merchandising at Ballard Designs.
Jordan Jopling — Directs marketing strategy, brand messaging, and promotional campaigns, including large-scale event management across national engagements.
David Lewis — 35 years in art and antiques. Owner of Lewis and Maese Auction House in Houston and a licensed Texas appraiser and auctioneer specializing in estates.
Nick Murshed — 30 years in logistics and mobilization. Has led over 150 furniture and rug liquidations and managed a 1.2 million square foot Amazon warehouse.
Supply Chain Asset Valuation2026 — How 2026 supply chain fragmentation and rate volatility are reshaping certified appraisal methods and ABL collateral value.
Abl Distressed Ma2026 — How private credit and asset-based lending are becoming central to distressed M&A financing and collateral valuation in 2026.
Luxury Retail Overstock Case Study — Case study on how ultra-premium retailers monetize seasonal overstock through discreet channels without diluting brand pricing.
Commercial Real Estate Lease2026 — Analysis of lease restructuring opportunities, landlord negotiation trends, and portfolio rationalization across U.S. markets.
Intangible Asset Ip Monetization — How brand equity, trademarks, and intellectual property are valued and monetized in wind-downs and distressed transactions.
Heavy Machinery Liquidation Recovery — Operational and market-access strategies for exceeding NOLV benchmarks on specialized industrial and manufacturing equipment.
Retail Inventory Risk Outlook2026 — Forensic look at inventory risk across retail benchmarks, lender collateral pressures, and vertical markdown activity entering fiscal 2026.
Sv Sports Closing Sale — Closing sale execution for SV Sports, converting retail inventory to recovery on a fixed calendar.
Circuit City — One of the largest retail liquidations in U.S. history. 567 stores and approximately $1.8 billion in inventory, led by founder James Schaye.
Tower Records — Court-appointed Designation Rights Purchaser across 89 stores in 20 states, Case No. 06-10886. Led by founder James Schaye.
Linens N Things — 589-store liquidation of the national home goods chain following its 2008 Chapter 11 filing, led by James Schaye.
Toys R Us — 735 U.S. locations liquidated following a $6.6 billion leveraged buyout collapse. Wind-down of an iconic American consumer brand.
Mervyns — James Schaye managed the 2008 Chapter 7 liquidation of Mervyn's across 177 stores in seven Western U.S. states.
Gottschalks — 58 stores across 6 Western states liquidated for the 105-year-old department store chain's 2009 Chapter 11 closure.
Whitehall Jewelers — 373 stores across 39 states. One of the two largest jewelry liquidations in U.S. history, co-managed with Silverman Consultants.
Friedmans Jewelers — 377 stores and approximately $400 million in jewelry inventory liquidated, led by founder James Schaye through Hudson Capital Partners.
Robb And Stucky — $90M in high-end furniture inventory liquidated across 20 Robb & Stucky locations following its 2011 Chapter 11 filing.
Domain Home — Top-100 furniture retailer liquidated across 7 Northeastern states; Hudson Capital served as both investor and liquidator.
Old Time Pottery — Going-out-of-business sale for a 25-year home accessories and décor chain, managed by Hudson Capital Partners.
Jc Penney — 846 stores and 85,000 employees at filing. Liquidation advisory led by founder James Schaye through Hudson Capital Partners.
Kmart — Multiple waves of Kmart store closures and liquidations managed by founder James Schaye across a decade-plus of contraction.
Service Merchandise — An early landmark engagement: complete liquidation of the Nashville-based jewelry and home goods retailer nationwide.
Saks Fifth Avenue — Brand-protective jewelry department liquidation for Saks Fifth Avenue, managed through Silverman Consultants.
Ross Simons — Store closing and inventory liquidation advisory for multiple Ross-Simons fine jewelry locations nationwide.
Michael C Fina — Jewelry inventory disposition managed directly by Eaton Hudson's Jewelry Advisory division.
Drug Fair — Going-out-of-business sale across all 23 Drug Fair Group pharmacy and general merchandise stores in New Jersey.
Famous Footwear — Store closing and inventory liquidation for multiple Famous Footwear specialty footwear retail locations.
Naturalizer — Store closing and inventory liquidation advisory for Naturalizer women's specialty footwear retail locations.
Builders Paradise — Complete inventory liquidation and store closing for Builders Paradise home improvement retail locations.
East Coast Alpine — Complete inventory liquidation and going-out-of-business sale for an Eastern U.S. ski and outdoor specialty retailer.
Rockaways Bedding — Complete inventory liquidation and store closing for Rockaways Bedding, a specialty bedding and home textiles retailer.
Smartco — Complete going-out-of-business liquidation across all Smartco general merchandise retail locations.
Ship Supply — Complete maritime supply asset and inventory disposition for Ship Supply International's operations.
Dayton Hudson — Early landmark store closing and liquidation advisory for the Dayton Hudson department store group.
Belk — Advisory and disposition services for Belk's pre-packaged Chapter 11, completed in one day across nearly 300 Southeast stores.
St Josephs College — First collegiate engagement. Full campus asset disposition in partnership with Hilco Fixture Finders following the college's closure.
Concordia College Alabama — Full campus asset disposition following the closure of Concordia College Alabama.
Newbury College — Campus wind-down managed by Eaton Hudson's dedicated Collegiate Asset Disposition division.
Concordia College NY — Campus asset liquidation for the 140-year-old Bronxville college following its 2021 closure and 33-acre campus sale to Iona.
Columbia College — Complete campus asset disposition managed by Eaton Hudson's Collegiate Asset Disposition division following closure.
Wyo Tech — Full liquidation of specialized automotive and technical training equipment for the national vocational college WyoTech.
Holy Family College — Complete campus fixed-asset liquidation for the 1935-founded Franciscan college in Manitowoc, Wisconsin.
Rare Book Collection — 400+ rare books and presidential autographs from a closed college's collection, sold via online auction on Invaluable.com.
Lances Jewelry — 30th-anniversary manufacturer liquidation featuring $2M+ in first-quality fine jewelry, backed by leading manufacturers.
Valalans Jewelers — Complete store closing and inventory liquidation for a 50-year South Bay, California custom jewelry institution.
Closed Jewelry Store — Full gold, diamond, and gemstone inventory from a closed jewelry store liquidated through an online AuctionZip sale.
Elements Of Chicago — Full wind-down and inventory liquidation for Elements, a River North Chicago retail boutique, including curbside pickup.
Sv Sports Fixtures — Fixture and FF&E disposition following the SV Sports store closures, handled as a separate asset class.
Scott Seymour Jewelers — Final retirement sale and full inventory liquidation for a 50-year Hermosa Beach, California fine jewelry institution.
Yarmouth Jewelers — Complete moving sale and inventory clearance of a multi-million dollar fine jewelry collection in South Yarmouth, MA.
Vista College — Full asset disposition following Vista College's closure, covering technology, medical, dental, and facility equipment.
Eaton Hudson Retail Liquidation Assistance2020 — CEO Jim Schaye announces dedicated liquidation and store-closing services for smaller retail chains ahead of Q4 2020.
Rmp Partners Acquires Eaton Hudson2026 — RMP Partners acquires Eaton Hudson, combining asset valuation, liquidation, receivership support, and capital advisory on one platform.
Eaton Hudson Holy Family Rare Books2021 — 400+ lots of rare books and presidential letters from a closed Wisconsin college, sold via online auction on Invaluable.com.
Eaton Hudson Boston Office2020 — Eaton Hudson opens a Boston office, expanding its Northeast presence for distressed asset advisory and retail liquidation.
Eaton Hudson Holy Family Fixed Assets2020 — On-site liquidation of classroom, lab, and campus assets for Holy Family College, a Franciscan institution founded in 1935.
Eaton Hudson Sv Sports Liquidation2020 — $7M+ in branded athletic inventory liquidated across 9 Pennsylvania SV Sports locations in a completed store-closing sale.
Eaton Hudson Midstate College2019 — Eaton Hudson manages the fixed asset sale for Midstate College, Peoria, IL, following the 131-year-old institution's closure.
Eaton Hudson Ship Supply2019 — Online auction of inventory and equipment for Ship Supply International's Miami and Houston maritime supply locations.
Simplex Diam Eaton Hudson Jewelry — SimplexDiam and Eaton Hudson Jewelry Advisors join forces to expand jewelry liquidation and turnaround services nationwide.
Eaton Hudson Ecommerce Liquidation Platform2026 — July 2026: new division serving online retailers, brands, and lenders with returns, overstock, and warehouse asset disposition.
Robb Stucky Going Out Of Business2011 — Court-ordered liquidation of Robb & Stucky's 20 stores and $90 million in inventory following its Chapter 11 filing.
Privacy Policy — How Eaton Hudson collects, uses, and protects personal information submitted through this website and our services.
Terms Of Use — Terms and conditions governing use of the Eaton Hudson website, including disclaimers and limitations of liability.
Email Signature — Email Signature on Eaton Hudson | Asset Valuation, Liquidation & Disposition. National asset valuation, liquidation, and disposition firm founded in 1987.