The Graceful Exit: Rationalizing the International Retail Footprint
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The Graceful Exit: Rationalizing the International Retail Footprint
By Frank Morton, CEO, International & Nick Taylor, Senior Managing Director, International Retail, Gordon Brothers
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...
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Nick Taylor is a senior managing director, international retail, with Gordon Brothers. Based in England, he is a recognised industry expert in retail asset recovery, having been involved with over €3 billion of inventory in more than 3,000 stores. He has led various country-based retail teams to successfully deliver projects for leading global retailers. Taylor enjoyed over 25 successful years of senior, front-end retail, operational, and marketing roles within the European Kingfisher Group.
Frank Morton is chief executive, international, of Gordon Brothers. He is responsible for overseeing all aspects of the international business across Europe, Asia, Australia, and South America. Morton has more than 25 years of experience in restructuring, disposition, finance, and lending within the retail and commercial and industrial sectors. He is a former retail merchant with specializations in apparel, fabrics, textiles, and retail management, and has served in various management capacities at major U.S. retailers throughout his career.