Insights

Recently, newspapers and financial websites are full of articles discussing distress in the retail sector. The number of store closures and employee layoffs is increasing every week. This year, the number of distressed retail companies has been far greater than any other year in recent history. In the November 2017 issue of the American Bankruptcy Institute Journal, The Michel-Shaked Group’s Israel Shaked (Managing Director) and Brad Orelowitz (Senior Vice President), wrote an article discussing the recent wave of bankruptcies in the retail industry....