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Creative Asset Specialists Can Help Retailers Achieve Rapid Restructurings

By James Doak, Co-Head, Miller Buckfire & Co. LLP & Michael Kollender, Managing Director, Stifel

When Kmart was first faced with bankruptcy in February 2002, its leadership was committed to addressing its operational challenges in an aggressive manner. The team enacted a “fast-track emergence” plan, with the goal of exiting bankruptcy by July 2003.

Today’s retail restructuring...

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