Malfitano Partners, the all-around business asset accretion and disposition advising firm, curtains acclimatized retail adept to aggrandize its operational bank of professionals.
Press Release – updated: Oct 4, 2018
NEW YORK, October 4, 2018 (Newswire.com) – Malfitano Partners, a capital provider of advising casework in the asset accretion and disposition industry, appear that Michael Minell will be aing the close as Executive Vice President, Chief Accomplishing Director.
Michael Minell will be aing the accumulation afterwards alive with Toys “R” Us (“TRU”) for over 20 years. At TRU, Mike’s latest role was Chief Accomplishing Manager, amenable for abundance openings, re-models and closings. During his tenure, Mike oversaw the opening, re-model and closings of over 950 food and administration centers. Most recently, Mike acted as the chief accomplishing administrator for TRU in affiliation with the closing of all of the TRU food in the United States. The final closing activity for TRU, which complex over 850 stores, has been accustomed as the better retail defalcation accident in United States’ history. Malfitano Partners acted as the asset disposer adviser for TRU on the project.
“Having formed with Mike on the TRU engagement, we are captivated to accept Mike accompany the group. Mike’s all-encompassing acquaintance adds amazing abyss to our advising belvedere and will accommodate abundant amount to our clients,” said Joseph Malfitano, Managing Member of Malfitano Partners. “Our audience attending to us not alone for our adeptness on how to solicit, appraise and anatomy accretion and disposition affairs but additionally for our adeptness to abetment them in the operational barrage and ecology of such transactions. Our hands-on operational access allows our audience to focus on the go-forward action with the accord of apperception that a chief aggregation is managing the asset disposition transaction on their behalf.”
With Mike’s arrival, the close is additionally accretion its consulting convenance to abetment retailers with abundance openings and re-models. With over 75 abundance openings and re-models to his resume, Mike has developed key metrics and processes to ensure projects are affair timelines and budgets. “This account is invaluable to retailers who do not accept amazing centralized abutment or time to accomplish abundance openings or re-models,” said Michael Minell.
About Malfitano Partners:
Malfitano Partners was founded by Joseph Malfitano, a nationally accepted turnaround and restructuring professional, as a New York-based bazaar that provides audience globally with a apartment of advising casework in the accretion and disposition industry. Described as “investment bankers for the defalcation industry,” the close has developed the adeptness bare to bound appraise a situation, codify a absolute set of cardinal alternatives, and assignment to quickly implement a value-maximizing asset accretion or disposition action with account to retail inventory, furniture, accessories and equipment, automated accouterment and equipment, absolute estate, and accounts receivable or combinations thereof. Notable 2017-18 advising assignments included Toys “R’ Us, Bon-Ton Stores, Eastern Outfitters, LLC (2018 Turnaround Management Association’s “Transaction of the Year – Mid-size Company” accolade winner), Heritage Home Group, and hhgregg.
For added advice about Malfitano Partners, appointment http://www.malfitanopartners.com or acquaintance Joe Malfitano at 646-776-0155 or by e-mailing [email protected] Michael Minell can be accomplished at 646-776-0165 or by e-mailing [email protected]
Source: Malfitano Partners
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