Insight

Matt Katz Quoted in BOF “Rise of the Zombie Retailers”

< BACK TO INSIGHTS

Insight

Matt Katz Quoted in BOF “Rise of the Zombie Retailers”

Matt Katz, Managing Partner and Head of Retail & Consumer Packaged Goods spoke with The Business of Fashion about the fate of ‘zombie’ retailers that have been brought back to life this year after emerging from bankruptcy or being purchased by new owners.

Matt notes that while things like bankruptcy, new ownership, and refinancing of debt can act as a short-term solution for struggling retailers, their long-term survival is uncertain. “As long as the 20 million middle America, lower-income consumers between the ages of 45 to 65 are willing to shop at these brands, for now, the business will be fine, but at some point, that group will be today’s 20- and 30-year-olds. Will that person have the same affinity?”

Read the full article here.

Authors

Related Services

Recommended Insights

Insight

10 Tough Cybersecurity Questions Every CISO Must Answer

Nick Kramer sheds light on cybersecurity questions every CISO must answer in this CSO article. He says CISOs

Learn More

Insight

How Bob’s, Ikea are bucking the trend of furniture retail stagnation

Matt Katz details how leading furniture retailers are thinking about industry stagnation in this Retail Dive article. Home

Learn More

Insight

‘Flow’ Insurance Platforms Drive Growth

Brian Nordyke and John Rodgers demonstrate how ‘flow’ platforms drive growth in commercial lines in this Insurance Thought

Learn More

Stay up-to-date with our latest news

Name(Required)