Last year more than 20 national retail chains filed for bankruptcy protection, continuing a trend that many observers attribute to the rise of e-commerce and the unprecedented growth of Amazon. While the impact of those forces certainly cannot be denied, the history of retail is also one marked...
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Michael Appel is chairman and CEO of rue21, a 700-store teen fast-fashion apparel retailer. As president of Appel Associates LLC, an advisor to retail and consumer goods companies, he has served as interim CEO, COO, and CRO for retailers that include Laura Ashley, Baccarat, and Wilkes Bashford. Appel is a past recipient of TMA Global’s Large Company Turnaround of the Year award and a member of the Advisory Board of the Fashion Institute of Technology’s Global Fashion Management master’s program.