By Steve Ma, June Guest Editor
In this month’s issue of the Journal of Corporate Renewal, we turn to the retail industry. Over the past year, we saw the COVID-19 pandemic not only create new challenges for the industry but also exacerbate existing industry headwinds and shifting consumer habits. The upshot is that we saw the resilience of the industry as it adapted to this new normal in inventive ways.
The Role of Restructuring Advisors in Refinancing Transactions
By Seth Jacobson and Shana Elberg, Partners & Robert Fitzgerald, Associate, Skadden
The oft-touted “retail apocalypse” has resulted in a large number of retailers seeking Chapter 11 protection. This wave of Chapter 11 filings has been attributed to a number of factors, including the rise of online and direct-to-consumer retail, and a shift in retail preferences.