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Despite some bright spots, retail has had a bumpy road lately, with shifts from malls to online, store closings, bankruptcies, restructurings, liquidations and the like. Yet as Tolstoy might have put it, “Successful retailers are all alike; each distressed retailer is distressed in its own way.”
In this fireside chat, Rob Gorin, managing director at Getzler Henrich & Associates, interviews Max Frumes, the global head of distress and restructuring news at 9Fin, in search of lessons learned for the industry at large and what we might expect going forward. A highly regarded senior journalist, Frumes has been reporting on distress, credit, M & A, leveraged financing, turnarounds and special situations for more than 12 years.
"My prediction is that you're going to see larger retail restructurings happen with very different stakeholders that don't just include credit funds," said Frumes. "They're going to be these multifaceted companies with lots of different arms that could could wind up having a meaningful influence on these large retail restructurings or refinancings going forward."
Watch the fireside chat to learn:
Learn more about your ad choices. Visit megaphone.fm/adchoices
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Despite some bright spots, retail has had a bumpy road lately, with shifts from malls to online, store closings, bankruptcies, restructurings, liquidations and the like. Yet as Tolstoy might have put it, “Successful retailers are all alike; each distressed retailer is distressed in its own way.”
In this fireside chat, Rob Gorin, managing director at Getzler Henrich & Associates, interviews Max Frumes, the global head of distress and restructuring news at 9Fin, in search of lessons learned for the industry at large and what we might expect going forward. A highly regarded senior journalist, Frumes has been reporting on distress, credit, M & A, leveraged financing, turnarounds and special situations for more than 12 years.
"My prediction is that you're going to see larger retail restructurings happen with very different stakeholders that don't just include credit funds," said Frumes. "They're going to be these multifaceted companies with lots of different arms that could could wind up having a meaningful influence on these large retail restructurings or refinancings going forward."
Watch the fireside chat to learn:
Learn more about your ad choices. Visit megaphone.fm/adchoices
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