Focus Management Group

Retail Industry Experience

Women’s Apparel Retailer

Industry:

Retail

Company:

Women's Apparel Retailer with several locations in Canada

Situation:

A Canadian retailer had experienced a sudden drop in profitability and a corresponding increase in inventory. The company over-inventoried - spending too much on labor at store level, and having too much on order.

Focus Scope:

Focus Management Group was engaged to analyze its operations and make improvements to increase efficiency and restructure debt.

Tasks Performed:

  • Evaluated physical store, online sales, operations and key drivers to improve performance.

Results:

  • Focus Professionals successfully restructured debt obligations with the Company’s lender.
  • Both management and the lender and were able to utilize a monitoring plan which gave clear direction in inventory reduction and profit improvement.
  • Focus’ expertise in retail operations and lease negotiations provided added value to the company’s management team.
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