Marcum LLP
Industries

Retail & Consumer Products

 

Marcum LLP's Retail & Consumer Products Industry Group serves manufacturing driven and consumer-pulled businesses around the world. Within these diverse markets, Marcum delivers an array of financial reporting, tax compliance and business consulting services linked by common supply chain principles.

More than ever before, companies are subject to regulatory scrutiny, global competitive pressures and an ever increasing pace of technological change. Marcum's Retail & Consumer Products Industry Group professionals guide clients through personalized, innovative strategies to increase profitability and maximize their competitive advantage.

Marcum's Retail/Consumer Products Industry Group is uniquely qualified to serve manufacturers, retailers and distributors with seasoned professionals who understand the industry and specific market forces that are driving business decisions.

The Retail & Consumer Products Industry Group offers clients a powerful combination of people, products, technologies, and results oriented strategies to help clients meet their challenges and improve performance. Marcum has over 50 years of experience in the manufacturing, retail and distribution industries and is strategically positioned to help clients strengthen their standing in changing marketplaces. The following, is a sample from our suite of specialized services in this industry.

CONTACT THE NATIONAL LEADER
Ronald  Friedman, Partner, Assurance
Partner
1.888.580.7832


 

Operational and Financial Business Advisors Scope of Service

Marcum's Retail & Consumer Products Industry Group works with clients to help develop solutions to significant business issues and manage the business risks specifically facing the manufacturing, retail and distribution industries.

Revenue & Accounts Receivable

Optimizing accounts receivable management by creating the proper balance between maximizing sales and profits and minimizing risk while retaining customer goodwill.

Purchasing and Receiving

Developing purchasing and receiving systems that enhance business performance, including the ability to evaluate the performance of suppliers and quality of goods, the capacity to identify and quantify purchase requirements, and establish or enhance procedures to monitor purchase orders and open commitments.

Manufacturing and Production

Controlling the physical production and cost of inventory to meet customer demands through desired inventory levels. This includes the ability to develop dependable sales forecasts and production plans and a system to control production and inventory levels.

Inventory Management

Managing inventory to maximize its return on the sale of available inventory, while maintaining overall inventory at an optimum level.

Business Process Improvement

Producing effective and reliable financial data to manage day to day business more efficiently.

Financial Management

Providing financial management skills needed to control a business and anticipate its capital and finance requirements.

Accounting, Assurance and SEC Services

Maintaining the technical expertise of Generally Accepted Accounting principles, SEC Rules and Regulations, and Internal Revenue Code Tax Rulings.

Related News

The Seattle Times quoted Retail Co-Leader Ronald Friedman in an article about the Nordstrom family’s efforts to repurchase the company.


As Seen In

The Seattle Times quoted Retail Co-Leader Ronald Friedman in an article about the Nordstrom family’s efforts to repurchase the company.

Fifteen months after a failed bid to buy all of their namesake company, the Nordstrom family may try again to gain majority control of the ....

The Los Angeles Times quoted co-Retail Leader Ronald Friedman in a story about the troubles facing Forever 21.


As Seen In

The Los Angeles Times quoted co-Retail Leader Ronald Friedman in a story about the troubles facing Forever 21.

Forever 21 reportedly is now in financial trouble and developing restructuring plans in hopes of avoiding a possible sale or bankruptcy.

California Apparel News quoted Retail Group Co-Leader Ron Friedman in an article about how the demise of Dressbarn underscores the need for new manufacturing business models.


As Seen In

California Apparel News quoted Retail Group Co-Leader Ron Friedman in an article about how the demise of Dressbarn underscores the need for new manufacturing business models.

The recent announcement that Dressbarn was closing its chain of 650 stores drove home the growing dilemma for U.S. apparel manufacturers. There are just fewer ....

The Los Angeles Times quoted Retail Group Leader Ronald Friedman in an article about the consumer impact of tariffs on Chinese imports.


As Seen In

The Los Angeles Times quoted Retail Group Leader Ronald Friedman in an article about the consumer impact of tariffs on Chinese imports.

Major retailers are sounding the alarm: The U.S.-China trade battle could be coming to a mall near you in the form of higher prices in ....

California Apparel News reported on the 2019 Marcum Retail Symposium, held in Los Angeles May 9.


As Seen In

California Apparel News reported on the 2019 Marcum Retail Symposium, held in Los Angeles May 9.

The future of retail is looking like a chapter out of a science-fiction novel.

Fashion Mannuscript featured the upcoming 2019 Marcum Retail Symposium on the cover of the May issue.


As Seen In

Fashion Mannuscript featured the upcoming 2019 Marcum Retail Symposium on the cover of the May issue.

Spring has arrived in Southern California, and the excitement is just starting.

Retail Group Co-Leader Ronald Friedman wrote about changes in the online retail sector for the March issue of Fashion Mannuscript.


As Seen In

Retail Group Co-Leader Ronald Friedman wrote about changes in the online retail sector for the March issue of Fashion Mannuscript.

Retail has been performing well after a strong 2018, with a record-breaking holiday season followed by continued growth in 2019.

KMOX-AM News Radio in St. Louis interviewed Retail Group Co-Leader Ron Friedman for a story about the changing retail landscape.


As Seen In

KMOX-AM News Radio in St. Louis interviewed Retail Group Co-Leader Ron Friedman for a story about the changing retail landscape.

KMOX-AM News Radio in St. Louis interviewed Retail Group Co-Leader Ron Friedman for a story about the changing retail landscape.

Retail Group Co-Leader Ronald Friedman wrote a year in review of how the retail industry fared in 2018, for Fashion Mannuscript.


As Seen In

Retail Group Co-Leader Ronald Friedman wrote a year in review of how the retail industry fared in 2018, for Fashion Mannuscript.

Black Friday is one of the leading indicators as to how a given year turns out for retailers.

California Apparel News quoted Retail Group Co-Leader Ron Friedman in a year-end holiday shopping wrap-up.


As Seen In

California Apparel News quoted Retail Group Co-Leader Ron Friedman in a year-end holiday shopping wrap-up.

Sales for the 2018 holiday season were the strongest they have been in the past six years, rising 5.1 percent over last year's holiday sales ....

Entrepreneur magazine interviewed Tax Partner Kurt Koegl about the financial dynamics of retail vacancies and leasing, for an article about the challenges facing Main Street America.


As Seen In

Entrepreneur magazine interviewed Tax Partner Kurt Koegl about the financial dynamics of retail vacancies and leasing, for an article about the challenges facing Main Street America.

Whether or not you have a retail store, you've seen the problem: Storefronts are shuttered on streets nationwide. And when one store closes, others will ....

California Apparel News quoted Retail Co-Leader Ron Friedman in a review of Black Friday results.


As Seen In

California Apparel News quoted Retail Co-Leader Ron Friedman in a review of Black Friday results.

While more than 165 million Americans shopped online or in stores during the Black Friday weekend - which now extends from Thanksgiving Day through Cyber ....

The Huffington Post quoted Retail Group Co-Leader Ron Friedman in a 5-part series on the reinvention of retail in America.


As Seen In

The Huffington Post quoted Retail Group Co-Leader Ron Friedman in a 5-part series on the reinvention of retail in America.

As more consumer spending moves online, the stores left behind will go luxury or go out of business.

The Washington Examiner quoted Retail Group Co-Leader Ron Friedman in an article about the upcoming holiday shopping season.


As Seen In

The Washington Examiner quoted Retail Group Co-Leader Ron Friedman in an article about the upcoming holiday shopping season.

Retailers are stocking their shelves to meet blockbuster holiday-shopping demand fueled by U.S. economic growth while preparing for slower sales next year as President Trump's ....

California Apparel News quoted co-Retail Leader Ronald Friedman in an article about the closing of remaining National Stores locations.


As Seen In

California Apparel News quoted co-Retail Leader Ronald Friedman in an article about the closing of remaining National Stores locations.

After filing for Chapter 11 bankruptcy protection in August, National Stores announced it is holding store-closing sales at its remaining 184 locations.

TheStreet quoted Partner Ron Friedman on worker compensation in California.


As Seen In

TheStreet quoted Partner Ron Friedman on worker compensation in California.

Money will come in two ways, as extra pay for employees and as settlements, and as expenses connected to lawsuits against non-compliant companies.

The Los Angeles Times quoted Retail Group Co-Leader Ron Friedman in an article about the death of fashion designer Kate Spade.


As Seen In

The Los Angeles Times quoted Retail Group Co-Leader Ron Friedman in an article about the death of fashion designer Kate Spade.

"She had a tremendous reputation and was very well known for a variety of high-quality products," said Ronald Friedman, co-head of the retail practice at ....

TheStreet quoted Retail Group Co-Leader Ron Friedman in an article about the demise of Sears.


As Seen In

TheStreet quoted Retail Group Co-Leader Ron Friedman in an article about the demise of Sears.

The approaching end of Sears has been well documented and that slow burn should continue. As Sears Holdings Corp. stages its annual meeting on Wednesday, ....

The St. Louis Post-Dispatch quoted Retail Group Co-Leader Ron Friedman in an article about the transitioning of malls in St. Louis.


As Seen In

The St. Louis Post-Dispatch quoted Retail Group Co-Leader Ron Friedman in an article about the transitioning of malls in St. Louis.

Shopping malls across the country are in a state of transition, and it doesn't take long to see the trend playing out here.

California Apparel News reported from the 2018 Marcum Retail Symposium in Los Angeles on April 19.


As Seen In

California Apparel News reported from the 2018 Marcum Retail Symposium in Los Angeles on April 19.

Accounting and advisory firm Marcum LLP produced the symposium to chart how fashion and retail are navigating tough markets. Speakers discussed subjects encompassing retail, fashion, ....

Forbes Contributor Richard Kestenbaum cited the Marcum Retail Symposium in his column about online eyeglass retailing.


As Seen In

Forbes Contributor Richard Kestenbaum cited the Marcum Retail Symposium in his column about online eyeglass retailing.

Today's edgy is tomorrow's mainstream. Ideas that feel too advanced today will reach mass adoption sooner than expected. When that happens in the online eyeglass ....

California Apparel News quoted Retail & Consumer Products Co-Leader Ron Friedman in an article about taxes, tariffs and trade.


As Seen In

California Apparel News quoted Retail & Consumer Products Co-Leader Ron Friedman in an article about taxes, tariffs and trade.

Lately, the apparel and retail world has been centered around three Ts: taxes, tariffs and trade. Tax cuts are part of the positive in this ....

TheStreet.com quoted Ron Friedman, co-leader of the Retail & Consumer Products group, in a look at the state of business for Victoria's Secret.


As Seen In

TheStreet.com quoted Ron Friedman, co-leader of the Retail & Consumer Products group, in a look at the state of business for Victoria's Secret.

In recent years, Victoria's Secret has faltered from being up 6.5% in sales in January 2016 to down 5.5% in January 2018, owing in part ....

2018 Marcum Retail Symposium: April 19 in Los Angeles


Press Release

2018 Marcum Retail Symposium: April 19 in Los Angeles

The 2018 Marcum Retail Symposium will provide retailers, factors, merchandisers, manufacturers, distributors, investors, mall operators, and service providers with insight from some of the industry’s ....

The Seattle Times interviewed Retail & Consumer Products Co-Leader Ron Friedman about the future of malls in America.


As Seen In

The Seattle Times interviewed Retail & Consumer Products Co-Leader Ron Friedman about the future of malls in America.

The retail model of car-centered shopping malls and large, multibrand stores continues to crumble, as the merging of digital and physical sales channels exacts its ....

The Seattle Times quoted Retail & Consumer Products Co-Leader Ron Friedman in a feature story about the Nordstrom family's efforts to take the chain private.


As Seen In

The Seattle Times quoted Retail & Consumer Products Co-Leader Ron Friedman in a feature story about the Nordstrom family's efforts to take the chain private.

Eight months after they first proposed the idea, members of the Nordstrom family last week suggested a price of $50 a share to buy back ....

The Los Angeles Business Journal featured Partner Ron Friedman, co-leader of the Retail & Consumer Products Group, in a special section on the state of the consumer goods market.


As Seen In

The Los Angeles Business Journal featured Partner Ron Friedman, co-leader of the Retail & Consumer Products Group, in a special section on the state of the consumer goods market.

Online shopping, new digital technologies, and increasing channel fragmentation are intensifying the pressures on US consumer packaged goods supply chains.

Retail & Consumer Products Brochure

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