Bakers Footwear Group Inc. is poised to launch going-out-of-business sales at two-thirds of its stores and is considering liquidating its entire shoe store chain, Dow Jones DBR Small Cap reported today. SB Capital Group LLC and Tiger Capital Group LLC won a Monday auction for the right to shut down 150 locations. The deal also gives Bakers the right to include its remaining 63 stores, plus certain inventory located in its distribution center, in the going-out-of-business sales, according to court papers.
