As President and CEO for this Chapter 11 $240 million retailer of home textiles, Broadway Advisors redirected the company’s merchandising and marketing efforts, closed 20 underperforming locations and streamlined the decision-making process.
Our critical handling of the lender and creditor groups provided the time necessary to orchestrate the company’s sale to a private equity group — simultaneously maximizing value to the creditors and saving more than 1,200 jobs.