Turnarounds — however you define them — are hard. That's especially true in retail, where tastes and the markets change quickly. If you are a retailer whose sales trends have turned negative, chances are your path back to greatness, or even stability, is steep.
"A lot of people think of retail as this boring business. But it's not boring at all. It's incredibly exciting and it's changing all the time," said Joel Bines, managing director of consulting firm AlixPartners' retail practice.. . . more