Meeting Customers’ Shifting Expectations Is the Next Big Retail Real Estate Restructuring Challenge
By Terrence Grossman, Director & Nate Simon and Nick Glennon, Vice Presidents, AlixPartners
For the past decade, much has been written about the transformation of retail—specifically, what it implies for the future of traditional brick-and-mortar retail. The prime driver of this disruptive force has been the evolution of omnichannel retail, which is rapidly changing consumer...
We hope you enjoyed your free content!
To continue, please become a TMA member.
Access the Journal of Corporate Renewal and other content in the Learning Link.
Become part of a global organization of turnaround and restructuring professionals with 54 Chapters and more than 400 events each year.
Build your personal brand and professional network with opportunities to connect, speak, lead, and win awards.
Nick Glennon is a vice president in the Turnaround and Restructuring practice at AlixPartners. With more than a decade of commercial real estate experience, he has advised both debtors and creditors on real estate strategy development and has represented landlords and tenants on in-court restructurings, as well as asset valuation and disposition opportunities. Glennon holds an MBA from the Vanderbilt University Owen Graduate School of Management and a bachelor’s degree from the University of Wisconsin-Madison.
Nate Simon is a vice president in the Turnaround and Restructuring practice at AlixPartners. He has advised both debtors and creditors through complex financial and operational restructurings, with a particular focus on business planning and liquidity forecasting. His experience covers a variety of industries, including retail, automotive, and industrials. Simon holds an MBA from the University of Chicago Booth School of Business and a bachelor’s degree from the University of Michigan.
Terrence Grossman is a director in the Turnaround and Restructuring practice at AlixPartners. Specializing in retail, he has led teams through high-profile financial and operational restructurings, crisis situations, capital raises, and enterprise improvement initiatives. He has deep transactional experience, having completed more than 50 mergers, acquisitions, carve-outs, and major asset sales. Grossman has served in senior financial leadership positions at CVS Corporation, Linens 'n Things, and Tommy Hilfiger. A U.S. Army veteran, Grossman holds an MBA in finance from Seton Hall University.