Retail Industry

LEADERSHIP: Barry M. Abelson


Recent representative examples of our corporate and securities work in the retail industry include:

  • advising a well-known Philadelphia-area restaurant group
  • representing Five Below, Inc., a leading discount retailer, in numerous corporate and finance matters
  • represented a designer and retailer of technical athletic apparel in its $375 million IPO
  • counseling a manufacturer of licensed sports-team apparel
  • represented an investment group that acquired fast food franchises
  • represented a gift store chain in its IPO
  • represented Intelligent Electronics, Inc. in its $200 million purchase, and subsequent $270 million sale, of BizMart, Inc., a superstore office supply company
  • represented a leading specialty retailer of maternity clothing in consecutive acquisitions of a public and a private company
  • represented a leading specialty retailer of maternity clothing in stock offerings and private placements of high yield notes
  • represented a buyer in an acquisition of a 75-store specialty retailer
  • represented a Boston-based private equity firm in a $75 million leveraged recapitalization of a specialty retail chain
  • handled the leveraged acquisition of a chain of women’s apparel shops and its subsequent public offering by a syndicate led by a large Midwest investment banker.


  • employment counsel to a leading convenience store chain in the Mid-Atlantic with more than 12,000 employees
  • counseling a major supermarket chain on all aspects of its multiemployer employee benefits plan
  • designing and assisting in implementation of defined benefit pension plan and employee savings plan for large regional department store chain
  • defending a leading regional grocery chain in numerous litigation matters, including successful defense of class action employment litigation.

Real Estate

Recent examples of real estate work for retail clients includes:

  • purchase of shopping centers, individual stores and other facilities in Pennsylvania, New Jersey, New York, Virginia, Maryland, District of Columbia, North Carolina and Texas
  • leasing of office, retail and commercial space for landlords and tenants in Pennsylvania, New Jersey, Maryland, North Carolina, District of Columbia and Texas
  • representation of a developer in the development of a pharmacy chain and in zoning and land use matters


Our bankruptcy experience has developed over the years through the representation of substantial interests in complex business failures. Among those situations were the reorganization of the Phar-Mor, Inc. and other major drug store chains, the reorganization of Cumberland Farms, Inc., one of the largest convenience store chains in the United States, the reorganization of Interco Incorporated (a furniture, shoe and clothing manufacturing conglomerate), Hechinger's, the bankruptcy of Radio Shack, and several others. Other clients include service station and auto parts chains, retail grocery chains, clothing chains, hardware chains, restaurant chains, department stores, candy stores, electronics and appliance chains, specialty food stores and discount department stores.