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...
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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.