Last year more than 20 national retail chains filed for bankruptcy protection, continuing a trend that many observers attribute to the rise of e-commerce and the unprecedented growth of Amazon. While the impact of those forces certainly cannot be denied, the history of retail is also one marked...
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Michael Appel is president of Appel Associates LLC, an advisory firm to retail and consumer goods companies, private equity funds, and lender groups. He currently is chairman of the board and interim CEO of rue21 and has served as interim CEO, COO, and CRO for retailers that include Laura Ashley, Baccarat, and Wilkes Bashford. Appel, a past recipient of TMA’s Large Company Turnaround of the Year Award, is also on the advisory board of the Fashion Institute of Technology’s Global Fashion Management master’s program.
