June 2017
More from this Issue
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NextGen Positions TMA and Its Members for Long-Term Success
The lifeblood of any industry association such as TMA is an engaged membership community. Engagement has many facets, but a key element of TMA’s plan for success is predicated on attracting and retaining the next generation of turnaround industry professionals as members. More than six years ago, I was tasked as vice president of membership […] -
Newcomers: June 2017
Alabama Matthew M. Cahill, Baker Donelson Bearman Caldwell & Berkowitz PC Arizona Nathaniel Curtis, Navigant Consulting Inc. Ry J. Neri Atlanta Michael Bouhadana, The Keystone Group Andrew Graziano, Synovus Financial Corp. Jay Harrison, Ellucian Mark M. Maloney, King & Spalding LLP Dennis Phelps, SunTrust Robinson Humphrey California – Northern Debra Grassgreen, Pachulski Stang Ziehl & Jones LLP Frank D. Marshall, […] -
Milestones
[[{“fid”:”6807″,”view_mode”:”default”,”fields”:{“format”:”default”,”field_file_image_alt_text[und][0][value]”:”Mary Jo Heston”,”field_file_image_title_text[und][0][value]”:”Mary Jo Heston”},”type”:”media”,”link_text”:null,”attributes”:{“alt”:”Mary Jo Heston”,”title”:”Mary Jo Heston”,”height”:”1500″,”width”:”1050″,”style”:”width: 126px; height: 180px; float: left; margin: 0px 10px;”,”class”:”media-element file-default”}}]] Heston Is New Bankruptcy Judge in Western District of Washington Mary Jo Heston, a member of the TMA Northwest Chapter for more than 20 years, was recently sworn in as a judge for the U.S. Bankruptcy Court […] -
Daphne Firth: An Adventuresome Soul
Daphne Firth is a co-founder and CEO of Solutiona Investimentos e Consultoria Ltda in São Paulo, Brazil. Solutiona is a master servicer of nonperforming loans (NPLs) in Brazil, specializing in the management of corporate middle-market secured loans. Firth oversees all aspects of the firm’s operations, including new business development, compliance, operating budgets, portfolio objectives, innovative […] -
Refreshing the Brand without Breaking the Bank: Remodeling Stores on a Budget
Disruption is the new norm across the retail industry as retailers pursue the best omnichannel approach to engaging with their customers. The proliferation of internet retail and omnichannel delivery is resulting in new priorities for the in-store experience. Brick-and-mortar retailers must now think about how to use their real estate assets differently, focusing on a […] -
Downsized Footprints May Help Retailers Adapt to Rapidly Changing Marketplace
In 1Q 2017 and into 2Q 2017, news of retail store closures and bankruptcy filings had become commonplace, with no sign of abating. Shifting consumer shopping habits and competition from fast-fashion retailers and e-commerce have led to a more competitive marketplace and, in general, decreasing profit margins for retailers. To survive this market, retailers need, […] -
Retail Woes Mount as List of Troubled Companies Grows
The state of brick-and-mortar retail in the United States is dismal. Companies are firing workers, closing stores, and filing for bankruptcy. In-store customer traffic is down, while online purchases are up. For big retail chains, the situation will worsen before it improves. Many retailers have too much debt as a result of leveraged buyouts and […] -
Getting in Step with the ‘Ultimate Consumer’: Maintaining Relevance over the Long Haul
Today, the customer actually is in charge. The seismic shifts in the consumer landscape have produced the “ultimate consumer”—not a demographic group defined by age but rather a mindset and set of expectations. Empowered by technology, embracing disruptive new models, and actively exploring an expanding world of shopping options, ultimate consumers are clear on what […] -
Using Predictive Analytics to Meet Customer Expectations
Through innovative products and experiences, retailers have historically harnessed change to their advantage. However, there has been a paradigm shift, and retailers are now undergoing a phase of disruption of their own that is forcing them to change how they do business. Many forces have contributed to this shift, including technology, demographics, and changing consumer […] -
The Graceful Exit: Rationalizing the International Retail Footprint
Leading retailers have long focused on internationalizing their businesses as a means of growth and diversification. In fact, two-thirds of the world’s foremost retailers have operations outside their home markets. However, broadening the geographic footprint and replicating success in multiple markets can sometimes prove more difficult than anticipated at the outset, particularly in today’s evolving […] -
In Retail Restructurings, It’s All About the Brand
By now, it has become cliché to say that mall anchors and in-line specialty stores are in a state of contraction, that the digital sales channel is cannibalizing revenue that formerly went to the brick-and-mortar channel. “Retail restructuring” has almost become an oxymoron. With rare exceptions, every retailer bankruptcy ends in a liquidation sale transaction or […] -
A New Toolbox for Retailers in Turbulent Times
The retail sector continues to make headlines, with news of store closures and liquidations dominating the media. Factors contributing to this turmoil include: The vastly overstored and overspaced U.S. retail environment Globalization and the invasion of sophisticated international retailers The seismic drop in mall and store traffic The rapid growth of e-commerce and “the Amazon […]