TORONTO--(BUSINESS WIRE)--Eaton Hudson, LLC, a firm specializing in strategic management solutions for leading retail companies, has been launched by industry veterans of the Eaton department store chain and Hudson Capital Partners, the new firm’s principals announced today. The firm will focus primarily on providing asset disposition services, as well as development and management of pop-up stores, and has offices in Toronto and Atlanta.
Eaton Hudson’s clients will benefit from a partnership between the seasoned asset disposition team, formerly of Hudson Capital Partners, and the historical retail expertise of the Eaton family. Fredrik Eaton will serve as chairman of the board of the new firm, while Fredrik D’Arcy Eaton, James Schaye, Fulton Stokes, A.R. Williams form the nucleus of the management team.
“Retailers need strategic solutions to managing their inventory, assets and real estate expansion strategies in today’s volatile and challenging business environment. In other cases, they must embrace flexible revenue and profit-generating opportunities such as pop-up stores. Eaton Hudson will provide our retail clients across North America with assistance in these vital areas. We also will have a strong focus on working with retailers in the Canadian market, given our footprint and deep personal interest in the region,” said Fredrik Eaton.
“What sets Eaton Hudson apart from other firms is the extensive retail legacy of our founding team. Our top priority is to devote the personal attention of our principals to every client transaction, resulting in the ability to make investment decisions quickly and with minimal bureaucracy. We will design our transaction structures to minimize expenses and maximize returns for the retailers, financial institutions and all other parties involved,” stated James Schaye.
Unique Strengths in Asset Disposition and Pop-Up Stores
Eaton Hudson’s range of services will help young, mature and distressed retail businesses manage their retail inventory, assets and real estate expansion strategies. The firm will work collaboratively with retailers to design and execute successful disposition sales, and to restructure retail real estate portfolios to maximize value and minimize liabilities.
The firm has a unique niche in developing pop-up retail solutions for retailers. Pop-up stores are small, temporary shops established in key locations by retailers and consumer product companies to build interest by increasing consumer exposure and raising awareness of stores and/or brands. The pop-up concept allows retailers to showcase merchandise or brands in highly visible locations on a cost-effective basis, without the need for long-term real estate commitments. Eaton Hudson’s services in connection with pop-up stores include financial modeling, site selection, lease negotiations, assortment planning, staff hiring and training, and the physical set-up and take-down of the temporary locations.
Heritage of Retailing Leadership
The Eaton Hudson team has decades of experience in asset disposition, having liquidated over $5 billion of inventory value for many of the top retailers in Canada and the U.S.
The Eaton family opened it first Department Store in Toronto in 1869, which led to the creation of an iconic Canadian institution, Eaton’s Department Stores whose stores were the heart of downtown in cities across Canada for 130 years.
Eaton Hudson has formed a partnership with 3pe Consulting to manage the pop-up store effort, which will be lead by its Managing Director, Andy Bailen, a former chief executive officer of KB Toys, who also has been a senior officer of major retailers such as Blockbuster, Party City and Toys “R” Us.
About Eaton Hudson
Eaton Hudson provides innovative and strategic solutions for the disposition of excess, obsolete and discontinued inventory and other assets, and the development of successful pop-up store facilities. Using our financial strength and expertise, we partner with retailers, financial sponsors, strategic buyers, managers, lenders and advisors to develop creative and transparent structures that align interests, enhance liquidity and create positive outcomes. For more information, visit www.eatonhudson.com.