We help retailers and their key stakeholders close stores and implement stock clearance programmes, right across Europe.
Significant structural change is ongoing in European retail - changing consumer habits and the shift to omni-channel retailing are reducing the need for physical space. By combining our understanding of underlying asset recoveries with our extensive retail and operational expertise, we are able to partner with retailers and their stakeholders to implement the entire store exit process. This may be as part of a strategic market exit, store rationalisation programme, a broader restructuring strategy or even a formal insolvency process. We can provide a financial guarantee to provide certainty of the level of cash return.
For healthy retailers, this provides an immediate resolution to the problem of non-core stores. For insolvency practitioners it enables a full exploration of all options for the business. For other business advisors, it can generate liquidity as part of a broader restructuring assignment.
Our operational expertise and deep understanding of retail recovery rates enable us to optimise returns from store closure programmes.