A New Vision for Retail: It's All About Perspective and Strategy!

A Turnaround Solution for Retailers: It’s About Perspective & Strategy!

A turnaround management consultant can offer the needed vision for retailers and provide both short-term solutions and long-term strategies. It’s crucial to bring in someone who understands retail and can see the big picture. If you looked only at all the retail store closing announcements in recent years, you could be forgiven for thinking the sky is falling. But from working on front lines consulting with retail companies, we’ve found…

Chapter 22 Is Not Necessarily a Bad Thing

By: Patrick Walsh Originally written for and published by ABL Advisor, September 2019 The deluge of Chapter 22s, in 2019, particularly in the retail sector, seemed to suggest a check on feasibility is missing. The feasibility requirement in the U.S. Bankruptcy Code requires a finding from the Bankruptcy Court. The requirement reads as, “confirmation of a plan is not likely to be followed by the liquidation, or the need for further…

Winning Strategies for Retailers in a Profit-Challenged Omnichannel World

Insights on industry trends, issues, and opportunities.  Amid continued announcements of store closings and liquidations, there is some truth in the assertion that technology has changed everything, created disruption and eroded profitability. However, technology can also boost profitability by driving sales and improving margins, improve the use of working capital, and reduce indirect costs. These solutions have already been validated by innovative companies serving both retail and consumer packaged goods…