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Former Toys “R” Us Senior Implementation Manager to Join Malfitano Partners

October 04, 2018, 07:08 AM

Malfitano Partners, a preeminent provider of advisory services in the asset acquisition and disposition industry, announced that Michael Minell will be joining the firm as Executive Vice President, Chief Implementation Director.

Minell will be joining the group after working with Toys “R” Us (TRU) for over 20 years. At TRU, Minell’s latest role was Senior Implementation Manger responsible for store openings, re-models and closings. During his tenure, he oversaw the opening, re-model and closings of over 950 stores and distribution centers. Most recently, he acted as the senior implementation manager for TRU in connection with the closing of all of the TRU stores in the United States. The final closing project for TRU, which involved over 850 stores has been recognized as the largest retail liquidation event in United States’ history.

Malfitano Partners acted as the asset disposer advisor for TRU on the project.

"Having worked with Mike on the TRU engagement, we are thrilled to have Mike join the group. Mike’s extensive experience adds tremendous depth to our advisory platform and will provide great value to our clients," said Joseph Malfitano, Managing Member of Malfitano Partners. "Our clients look to us not only for our expertise on how to solicit, evaluate and structure acquisition and disposition transactions, but also for our ability to assist them in the operational launch and monitoring of such transactions. Our hands-onoperational approach allows our clients to focus on the go-forward enterprise with the peace of mind that a senior team is managing the asset disposition transaction on their behalf."

With Minell’s arrival, the firm is also expanding its consulting practice to assist retailers with store openings and re-models. With over 75 store openings and re-models to his resume, Mike has developed key metrics and processes to ensure projects are meeting timelines and budgets.

“This service is invaluable to retailers who do not have tremendous in-house support or time to effectuate store openings or re-models,” said Minell.

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