The second and third quarters of 2020 produced a bumper crop of retail store bankruptcies: the month of May alone saw filings by JCPenney; JCrew; and Neiman Marcus. This bumper crop is a disaster for some, but is an opportunity for others, including private equity firms and those institutional investors, either investing in or alongside those PE firms, with the time horizon necessary to wait out a continuing retrenchment.
The pandemic, of course, has sown this crop. It destroyed consumer spending. Such retail establishments as are open at all must abide by social distancing guidelines, which limits . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
