TMA Webinar examines retail outlook amid stubborn economic downturn

22 Feb '10

2 min read

U.S. retailers stocked shelves with fewer items and hired less holiday help but that failed to ring up robust profits by year's end. The next Turnaround Management Association Webinar examines the 2010 retail outlook amid a stubborn economic downturn and record unemployment.

"What's in STORE for the Retail Industry in 2010?" will take place from noon to 1 p.m. Eastern on Thursday, February 25.

The Webinar will contrast the results of the 2009 holiday season with analysts' expectations, review tactics employed by retailers to boost profits, and identify retail categories likely to remain vulnerable.

Moderator:

Kenneth T. Latz, director, Conway MacKenzie Inc., New York, New York. An expert in turnaround and liquidity crisis management and distressed mergers and acquisitions, Latz has advised debtor and creditor groups in both Chapter 11 bankruptcy and out-of-court restructurings in the manufacturing, retail and consumer products industries, among others.

Panelists:

Jeffrey C. Bloomberg, principal and office of the chairman, Gordon Brothers Group, Boston, Massachusetts. An accomplished financial executive and retail mergers and acquisitions expert, Bloomberg worked in investment banking for nearly 20 years at Lehman Brothers and later at Bear Stearns where he was a general partner and senior managing director for the retail and consumer products sectors.

Mary Ann Domuracki, managing director, Financo, Inc., New York, New York. Domuracki's more than 25 years of experience blends accounting, advisory and operating management services. She held senior management positions at Danskin, Inc., Kasper A.S.L., Ltd. and Pegasus Apparel Group, Inc., where she was executive vice president and chief financial officer.

Gregg M. Galardi, partner, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, Delaware. With extensive U.S. and international corporate restructuring experience, Galardi has represented financial service, retail, construction, power, environmental, automotive, health care, food service, engineering and other companies in both Chapter 11 and out-of-court restructurings.

David Myles, chief executive officer, Boston Apparel Group, West Bridgewater, Massachusetts. Myles has worked with retail organizations in North America and Europe and held key executive positions, such as chief operating officer and vice president of supply chain and information technology.

Chicago-based Turnaround Management Association, the premier association for corporate renewal and turnaround management professionals, has more than 9,000 members in 46 chapters.

Turnaround Management Association

More Textiles News - United States Of America...