SRG

SRG is a leading US retail and consumer goods consulting firm with three decades of experience working with top US and global retail chains, wholesalers, suppliers and investment firms at the executive level.

Our in-depth expertise has been used by leading firms to support mergers and acquisitions, as well as for M&A approval from the Federal Trade Commission (FTC), who has relied on our expertise to provide insight into competitive practices across the retailing, distribution, and consumer brands industries.

In addition, SRG works directly with the top national retail chains consumer packaged goods suppliers. SRG helps these retailers and manufacturers understand the changes occurring across the industry to identify new opportunities to increase sales and consumption.

Over the last three decades, SRG has developed the most comprehensive database of future locations and remodels of Mass Volume Retailers in the industry. Combined with our proprietary competitive compression models, our deep experience and industry insights allow us to perform our due diligence on retail and wholesale businesses with a far greater understanding of the risks associated with MVR competitive activity on top-line sales and bottom-line profits, with visibility out to five years.

SRG is affiliated with several academic institutions—including Cornell and St. Joseph's universities. Because of our past projects and broad experience, SRG offers unparalleled expertise in all aspects of retail operations and strategy. Widely known throughout the industry, our research is often referenced in nationally known publications and Trade journals, such as the Wall Street Journal, The Financial Times, Barron's, Fortune Magazine, Time Magazine, Newsweek, The LA Times, Progressive Grocer, Supermarket News, and many others.

"Burt Flickinger is the best there is in retailing"

-Liz Claymon, Fox Business News Network

http://supermarketnews.com/news/tops_pandc_0126/index.html

Tops Evaluates P&C Closures
Jan 26, 2010 2:30 PM, By MARK HAMSTRA

WILLIAMSVILLE, N.Y. — Tops Friendly Markets here plans to close "a handful" of the Penn Traffic stores it is acquiring, the company said.

As expected, a bankruptcy court judge on Monday approved Tops' bid of $85 million plus other considerations for the 79 stores operated by Syracuse, N.Y.-based Penn Traffic, which filed bankruptcy last November for the third time in 10 years.

Tops is expected to finalize the acquisition this Friday, and to begin announcing some store closures soon afterward. A local report in the Syracuse Post-Standard said the P&C in Norwich, N.Y. — which had previously been a Tops location — was among those slated for closure.

Additional closures could be announced following further evaluation by Tops and after a 30-day antitrust review by the Federal Trade Commission.

Burt P. Flickinger III, managing director, Strategic Resource Group, New York, said he believes there is very little overlap between Tops' location, which primarily operate in western New York, and Penn Traffic, which primarily operates in the central part of the state.