Traditional bricks and mortar retailers are experiencing challenges. Some U.S. retailers have exited the Canadian market, while others are coming. E-commerce is growing. Demographics are changing. The appreciation of the US dollar is affecting the supply chain.
Our team has deep experience with retail, having led many of Canada’s largest and highest profile retail restructuring mandates, including Eaton’s, Dylex, Danier Leather, Eddie Bauer, Laura Secord, Linens ‘n Things, Grocery Gateway, Music World, Fairweather, Biway, Denninghouse, Bowring, Priszm and CPI Images. We have performed mandates for distressed retailers, as well as their stakeholders – landlords, suppliers and employees. A few of our retail mandates are summarized below.