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Great American Partners with LiquiTec on Pierre Deux Warehouse/Distribution Liquidation

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Great American Group, Inc., a provider of asset disposition, valuation and appraisal services, announced that it has partnered with LiquiTec Industries, Inc. to assist with the liquidation of all the items contained within two Pierre Deux warehouse/distribution centers in Secaucus, New Jersey.

Great American Group has managed a going-out-of-business sale for Pierre Deux retail stores since August 11. A retail chain of French furnishing stores that operated across 13 states, Pierre Deux ceased business operations and filed for Chapter 7 bankruptcy protection on June 23 of this year.

According to LiquiTec Vice President Katherine Walls, her company is now conducting a complete liquidation of all furniture, fixtures and equipment including material handling equipment, embroidery and fabric machines, office furniture and business machines at Pierre Deux's two warehouse and distribution centers.

“We’re only accepting bids through the end of this week, so we would urge potential buyers to contact us at (818) 710-3876, extension 5113, or visit our website at www.liquitec.net for further details on the liquidation,” she said.

Pierre Deux’ former warehouse/distribution facilities are located at 180 Seaview Dr. and at 40 Enterprise Ave. North in Secaucus, New Jersey. Liquidation items can be inspected at the Seaview Drive location until 12 p.m. Wed, Aug. 31 and at the Enterprise Avenue location from 9 a.m. to 3 p.m. today through Friday, Sept. 2. People should contact Billy Parengkuan at 631-278-7686, or by email at bparengkuan@liquitec.net, to schedule an appointment.

Bids are being accepted until 4 p.m. CDT Friday, Sept. 2. For more details about the assets on sale or instructions on how to bid, visit www.liquitec.net.

In addition, Great American Group is continuing its going-out-of-business sale at the former Pierre Deux retail sites in California, Colorado, Connecticut, Georgia, Illinois, Maryland, Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, Texas, and Virginia. The stores contained an estimated $22 million in retail inventory when the sale began. Consumers still expect to find an array of items from home décor, furniture, rugs, tabletop items, lighting, handbags, wall paper and fabrics.

Pierre Le Vec and Pierre Moulin opened the first Pierre Deux shop in Greenwich Village in 1967, promoting French art de vivre and the French country way to America. Pierre Deux imported antique furniture from the provinces and sold signature curtains, pillows and fabrics to accent the furniture.

About Great American Group: Great American Group, LLC, is a leading provider of asset disposition solutions and valuation and appraisal services to a wide range of retail, wholesale and industrial clients, as well as lenders, capital providers, private equity investors and professional service firms. Great American Group has offices in Atlanta, Boston, Chicago, Dallas, London, Los Angeles, New York and San Francisco. For more information, contact (818) 884-3737 or visit www.greatamerican.com.

About LiquiTec Industries, Inc.: LiquiTec Industries, Inc. is a global asset management and disposition firm that helps major corporations maximize return on and return of investment. The firm works with clients including the Fortune 1000, major manufactures, contractors, suppliers, asset-based lenders and professionals to sell non-strategic and surplus assets. LiquiTec acts as advisors, liquidators/auctioneers and brokers. The firm serves clients from 13 offices and strategic alliances worldwide. For more information, contact (818) 710-3876 x5113 or visit www.liquitec.net.

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