By now, it has become cliché to say that mall anchors and in-line specialty stores are in a state of contraction, that the digital sales channel is cannibalizing revenue that formerly went to the brick-and-mortar channel. “Retail restructuring” has almost become an oxymoron. With rare exceptions,...
Leading retailers have long focused on internationalizing their businesses as a means of growth and diversification. In fact, two-thirds of the world’s foremost retailers have operations outside their home markets. However, broadening the geographic footprint and replicating success in multiple...
Through innovative products and experiences, retailers have historically harnessed change to their advantage. However, there has been a paradigm shift, and retailers are now undergoing a phase of disruption of their own that is forcing them to change how they do business. Many forces have...
Today, the customer actually is in charge. The seismic shifts in the consumer landscape have produced the “ultimate consumer”—not a demographic group defined by age but rather a mindset and set of expectations. Empowered by technology, embracing disruptive new models, and actively exploring an...
The state of brick-and-mortar retail in the United States is dismal. Companies are firing workers, closing stores, and filing for bankruptcy. In-store customer traffic is down, while online purchases are up. For big retail chains, the situation will worsen before it improves. Many retailers have...
In 1Q 2017 and into 2Q 2017, news of retail store closures and bankruptcy filings had become commonplace, with no sign of abating. Shifting consumer shopping habits and competition from fast-fashion retailers and e-commerce have led to a more competitive marketplace and, in general, decreasing...
Disruption is the new norm across the retail industry as retailers pursue the best omnichannel approach to engaging with their customers. The proliferation of internet retail and omnichannel delivery is resulting in new priorities for the in-store experience. Brick-and-mortar retailers must now...
The future of healthcare in America has never been so uncertain. Amid continuing political tensions, payer and patient pressures, and changes in the way that care is delivered, there doesn’t appear to be a clear and distinct path forward. And there may not be for quite some time, given Congress’...
The healthcare industry presents challenges for operators, landlords, lenders, vendors, and others doing business within the sector. The industry is virtually always in turmoil amid reimbursement rate modifications, new enforcement efforts, and the ongoing evolution of the delivery of medical care...
T his is the first in an occasional series of roundtable discussions by Certified Turnaround Professionals (CTPs) on issues impacting the turnaround, restructuring, and distressed investing industry. In this installment, Ruediger (Rudi) Mueller, CTP ; Robert D. Katz, CTP ; and Edward J. Sanz, CTP...
