Retail Solutions
Creating customized solutions in an evolving marketplace
While the industry has faced
challenges in the form of store closures and dwindling mall traffic, there has
been a paradigm shift in how sales are generated. The advent of omni-channel
has become a reality in the retail industry, providing customers with multiple
avenues to shop. Industry players are capitalizing on this by connecting with
customers regularly via social media, email, targeted marketing, and various
other tactics.
Moreover, retail stores are
improving the customer experience both in physical stores and online by
offering shop-in-shop formats, innovative dressing room features, in-store
events, and enhanced online features such as live chats and virtual dressing
rooms. These offerings have helped the industry cultivate loyal customer bases
and boost sales.
Having a comprehensive understanding of how market factors influence inventory and risk is critical for success in the retail industry. With several decades of experience, we possess the ability to discern market trends, accurately evaluate inventory, and provide guidance to our clients amid the ever-changing landscape.
The retail industry is known for volatility and with many disruptive forces in a constantly evolving marketplace, retailers often are faced with expanding or contracting footprints. Whether closing or opening new stores, choosing the right partner can significantly impact a business.
We are a leading provider of retail liquidation services and have completed some of the largest projects in the industry. Our team has four decades of experience helping clients liquidate and realize immediate returns from excess inventories and underperforming assets. We take the time to understand a client's business, whether that involves reducing seasonal inventories, liquidating the assets of a single location or overseeing the closure of an entire chain of stores.
We can fulfill clients' total retail disposition needs with an unwavering commitment to quality service and successful results, and can also:
- Provide immediate cash payments for inventory, fixtures and other fixed assets
- Guarantee recovery results and back them with extensive lines of credit
- Create a superior operating plan that treats employees and customers with respect
- Assume financial responsibility for operating expenses
- Plan, implement and supervise turnkey programs to meet specified objectives
- Design and execute effective advertising and marketing programs to attract customers
- Formulate and implement proprietary systems that track daily sales, margins and expenses
- Help retailers to devise customized exit plans
Global Presence
Notable Retail Clients
Retail Solutions
Featured News
Store Closing Sales Commence Across Conn’s HomePlus and Badcock Home Furniture & More Locations
Planet Cyclery and Colorado Cyclist Sitewide Closing Sale Features Discounts of Up to 30% Across all Apparel, Bike Parts and Accessories
Company News
Read MoreStore Closing Sales Begin at Home Décor and Furniture Retailer, Z Gallerie
Retail Solutions Media Center
Read MoreB. Riley Financial Affiliate Retained to Lead Store Rationalization for SALAMANDER
Retail Solutions Media Center
Read MoreStore Closing Sales Begin Across All Bed Bath & Beyond and Buy Baby Locations Nationwide
Retail Solutions Media Center
Read MoreStore Closing Events Began Tuesday, March 21 at All Nordstrom Canada Stores
Retail Solutions Media Center
Read MoreSubstantial Discounts Available at Sears Hometown Store-Closing Sales Across the United States
Read MoreGoing-Out-of-Business Sales Begin at All 25 Stock+Field Stores in Midwest
Retail Solutions Media Center
Read MoreKey Contacts
Scott Carpenter
Chief Executive Officer, B. Riley Retail, Wholesale & Industrial Solutions
Tim Shilling
President, Retail, Wholesale & Industrial Solution
Ryan Mulcunry
Managing Director, Canada, Northeast & NY Metro Regions
Billy Nichols
SVP Director of Merchandising
Matt Gins
Senior Vice President, Retail Solutions
Steve Smith
Executive Vice President
James Lew
Sr Vice President, Capital Planning
Mike Miller
Sr Vice President, Capital Planning