As the COVID-19 pandemic continues to wreak havoc on the economy, corporate restructuring has provided a strategic alternative for many retailers. Coming as it did amid an already fragile retail environment, the pandemic pushed more than three dozen retailers into Chapter 11 bankruptcy in 2020,...
The oft-touted “retail apocalypse” has resulted in a large number of retailers seeking Chapter 11 protection. This wave of Chapter 11 filings has been attributed to a number of factors, including the rise of online and direct-to-consumer retail, a shift in retail preferences, and, of course, the...
In an article in this publication in 2019, we discussed the “retail apocalypse” and how lenders, turnaround professionals, and other stakeholders could adjust to the new normal in retail. Just over a year later, a global pandemic hit, and everything changed—again. The retail industry has endured...
Could the retail apocalypse really get any worse than it already was? Unfortunately, the answer was yes. Is the tsunami of a retail market in freefall redefining a space that is already in the severest historical levels of...
What to Do with Small Format Retail, sponsored by StrasGlobal
Learn more about the operational, financial, and legal issues facing small format retailers such as convenience stores, quick serve restaurants, and gas stations.
Prominent retail bankruptcies already made headlines before the COVID-19 pandemic forced store closures across the U.S. With many states now allowing businesses to reopen, can retailers survive at 50% capacity or...
First came subprime mortgages, the ensuing financial crisis, and the Great Recession. Then predictions came of a retail apocalypse caused by the Amazon effect. Despite years of grim headlines predicting the demise of traditional brick-and-mortar stores, retailers have continued to find ways to...
An overview of the commercial real estate market and workout strategies for distressed real estate assets. Learn how "the rent [that] is rolling uphill" will impact the commercial real estate market in the coming 24 months...
