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…

Patrick Walsh Published in ABF Journal’s Speciality Lending Issue

TURNAROUND CORNER: A CASE STUDY FROM THE AUTO PARTS INDUSTRY A restructuring can seem overwhelming at the onset, especially in the wake of a potential bankruptcy or sale. Read the article here (online via annual $19.95 subscription). Read the article via PDF download.

Cedar Croft Consulting Secures $17 Million Credit Facility for LA-Based Retailer and Wholesale Tile Distributor, Walker Zanger

For Immediate Release Media Contact: Laurie Pehar Borsh PR LauriePeharBorsh@LPBPR.COM +1.800.915.2151 x706 Cedar Croft Consulting, in its capacity as financial advisor, structures and secures a $17MM senior secured revolving and term loan credit facility for the turnaround of a large family-owned retailer and wholesaler tile distributor in Los Angeles, California. Los Angeles CA, August 8, 2018 — Cedar Croft Consulting, a management consulting firm that assists mid-market clients in the manufacturing,…

Cedar Croft Consulting Business Turnaround Strategists

How should business owners respond when a lender says they need help?

Contributed by Patrick Walsh The one message no business owner ever wants to hear from a lender is:  “While we’d like to be supportive, we are concerned enough about your business to advise engagement of one of our selected turnaround consultants–who can further assist you in identifying and addressing some of your operation’s critical needs. ” Let me make this clear: THIS message doesn’t just happen out of the blue. It…

The Communication Protocol: An Important Component of a Business Turnaround

Whenever a turnaround management consultant is engaged, there are many stakeholders interested in hearing about their findings.   By Patrick Walsh Whenever a turnaround management consultant is engaged, there are many stakeholders interested in hearing about their findings.  Management as well as owners want to know what the consultant plans to do and why, and when positive results can be expected.  No doubt about it, they are concerned about managing the costs associated…

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…