European Retail Solutions Ltd (ERS) is an advisory business, operating separately from Alteri’s investment activities.
ERS has a long track record of advising retailers on operational issues and helping retailers and their key stakeholders implement stock clearance and store closure programmes across Europe.
Typical ERS engagements would encompass one of the following situations where our extensive retail and operational expertise, aligned with a deep understanding of underlying asset recoveries, enables us to design and implement the entire process, generating optimal results:
Store rationalisation programme: Assisting retailers to reduce their store portfolio on a solvent basis.
Restructuring strategy: Working alongside retailers and their advisors to implement the operational side of a restructuring programme.
Insolvency process: Acting as retail agent to assist administrators trading an insolvent business or closing it down in the event of a failed sales process.
The ERS team also has significant experience of performing a broader advisory role, assisting retailers with store opening programmes and operational turnarounds.