The Retail team at Reynolds Advisory Partners has worked with a broad range of clients. Our experience in the Retail industry spans many sectors from drug stores, grocers, and restaurants, to department and specialty stores as well as e-commerce and healthy living. Areas of expertise include mergers and acquisitions, restructuring, and financing transactions.
Representative client transactions involving our bankers can be seen below. To learn more about how Reynolds Advisory Partners’ experience in the Retail industry can help you meet your needs, please contact us.
Key Contact - Sue Field
| Client | Transaction Value ($mm) | Transaction Description |
|---|---|---|
| Ahold | 1,795 | ADRs |
| Albertson’s | 250 | Public notes, CP |
| Bristol Farms, Inc | 27 | Private placement |
| Broadway Stores (Zell/Chilmark) | 1,700 | Sale to Federated Department Stores |
| Campeau Corporation | 5,000 | Restructuring of Allied and Federated Department Store Holdings |
| Carl Karcher Enterprises, Inc. | n.a. | Dutch auction tender offer |
| Carl Karcher Enterprises, Inc. | n.a. | Underwritten call |
| Carson Pirie Scott | 825 | Sale to PA Bergner in hostile defense |
| Circle K | 500 | Restructuring |
| Consolidated Stores | 195 | Equity secondary |
| Consolidated Stores (Frontenac/Madison Dearborn) | n.a. | Defense/strategic advisor |
| Dayton Hudson (now Target) | 250 | Public debt |
| Dayton Hudson (now Target) | n.a. | Defense/strategic advisor |
| Denny’s Inc | 750 | Financial advisor to Board of Directors in leveraged buyout |
| DLJ/Sefinco | 200 | Acquisition of Loehmann’s from May Company |
| Eastman Corp | 142 | Leveraged buyout |
| Eckerd (Merrill Lynch Capital Partners) | 3,225 | Sale to JC Penney |
| Herberger’s | 155 | Sale to Proffitts |
| Homelife (Sears) | 100 | Subsidiary carve out sale to Citicorp Venture Capital |
| House of Fabrics | n.a. | Buyside advisory |
| JC Penney | 285 | Acquisition of Fay’s Drug Stores |
| JC Penney | 250 | Public debt |
| JC Penney | n.a. | Drug store sector strategic advisor |
| Kmart | 75 | Acquisition of a division of Venture Stores |
| Kmart | 1,000 | Convertible preferred |
| Loehmann’s (DLJ/Sefinco) | 120 | High yield debt |
| M&H Drugs (Fleming) | 150 | Sale to Vestar |
| MacFrugal’s | 300 | Defense/strategic advisor for David Batchelder proxy fight |
| Macy’s | 4,100 | Chapter 11 sale to Federated Department Stores |
| Petco Animal Supplies | 47 | Initial public offering |
| Petco Animal Supplies | 68 | Public offering |
| Quality Food Centers (Zell/Chilmark) | 360 | Acquisition of Hughes Family markets |
| Quality Food Centers (Zell/Chilmark) | 200 | Equity secondary |
| Quality Food Centers (Zell/Chilmark) | 5,000 | Merger with Fred Meyer, Ralphs (sponsored by Yucaipa) |
| Safeway | 515 | Equity secondary |
| Sears Roebuck & Co. | 90 | Acquisition of minority share of MaxServe |
| Sears Roebuck & Co. | 415 | Acquisition of Orchard Hardware Supply (Freeman Spogli) |
| Sears Roebuck & Co. | 1,380 | Asset backed securities, MTNs |
| Sears Roebuck & Co. | n.a. | Off-the-mall retail/home services strategic advisor |
| Sears Roebuck & Co. (Home Services) | 75 | Formation of strategic alliance with ADT |
| Stop & Shop (KKR) | 2,900 | Sale to Royal Ahold NV |
| Thrifty Payless (Leonard Greene) | 410 | Equity secondary |
| Western Auto (Sears) | 400 | Subsidiary carve out sale to Advance Automotive (Freeman Spogli) |
| Winchells Donut Houses L.P. | 90 | Public offering |
| Woolworth | n.a. | Annual defense/ valuation advisor |
| Woolworth (Canada) | 300 | Sale to Wal-Mart |
| Zell/Chilmark | n.a. | Grocery sector strategic advisor |
| Total | 33,644 | |
| Transactions | 47 |