Pressures Continue to Grow in the Ag, Logistics Industries
In this month’s issue of the Journal of Corporate Renewal , we turn to the retail industry. Over the past year, we saw the COVID-19 pandemic not only create new challenges for the industry but also exacerbate existing industry headwinds and shifting consumer habits. The upshot is that we saw the...
Hands holding a retail store
The last decade has been enormously transformative for the retail industry. The soaring popularity of e-commerce, shifts in consumer behavior and demographics, and declining store foot traffic have pushed many traditional brick-and-mortar retailers to the brink, and some were tipped over into...
Winchester City centre High Street at night during mid-summer
Consumer-reliant sectors in the UK, such as retail, leisure, and hospitality, have been significantly, and potentially permanently, impacted by government lockdowns and movement restrictions related to the COVID-19 pandemic, as evidenced by the range of high-profile insolvencies in the past 12...
Rethinking Movie Theaters Amid Blockbuster Challenges
Stagnating attendance, high fixed costs, and mounting debt have long challenged the exhibitor industry. Consumer habits have continued to change as home theater equipment has become more affordable and newer streaming and video-on-demand (VOD) options have entered the marketplace. In addition,...
Neiman Marcus Offers Lessons for Retail Restructuring in the COVID-19 Era
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 Role of Restructuring Advisors in Refinancing Transactions
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...
From ‘Apocalypse’ to Pandemic: Retail in the Age of COVID and Beyond
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...
TMA Town Hall for December 2, 2020

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.

Speakers:
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TMA Town Hall for November 19, 2020

Real Problems in Real Estate, Troubled Hospitality & Retail Assets, sponsored by Ten-X Commercial

In this special, interactive TMA Town Hall, experts address distressed real estate assets, particularly in the hospitality and retail space.

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TMA Town Hall for June 10, 2020

Retail Distress: COVID-19 Infects Struggling Businesses

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...