March 03, 2017
Marcum Retail Symposium to Debut in Los Angeles
New York City, NY - Marcum LLP, a top accounting and advisory firm with a nationally recognized Retail & Consumer Products Practice, today announced that the Marcum Retail Symposium will debut in Los Angeles on March 16, at the JW Marriott Hotel. The industry event is being presented in collaboration with the California Fashion Association.
The program is designed to provide retailers and manufacturers with a range of industry perspectives on the changing technological landscape and the new generation of retail consumers. Panelists will include Debra Gunn Downing, Executive Director, Marketing, of South Coast Plaza; Louis Mastrianni, Managing Director, JP Morgan Chase; and Andrew Rotondi, operations/information officer of Dynamic Worldwide. The keynote speaker will be Robin Lewis, author of The Robin Report, former executive editor of Women's Wear Daily, global retail consultant, and co-author of The New Rules of Retail.
"It is well established that the retail and consumer products industry is facing tremendous challenges, with fewer and fewer brick-and-mortar stores in operation and ceaseless pressure on discounted sales, with low margins for both retailers and manufacturers," said Ronald Friedman, national leader of Marcum's Retail & Consumer Products Practice group. "Black Friday produced $3 billion in 2016 for brick-and-mortar retailers. That total was matched nearly dollar-for-dollar three days later on Cyber Monday, a record high for single-day online sales. We can only expect this trend to continue. Brick-and-mortar retailers are going to have to either step it up by finding new ways to fight for market share, or else shift priority to their own websites if they intend to compete online. No one doubts that mobile devices will continue to be the shopping venue of choice for Generation Y unless retailers give them a compelling reason to spend their dollars offline. The Marcum Retail Symposium will be an opportunity for retailers and manufacturers to hear from industry experts and exchange ideas about how to move forward."
For registration and information about the Marcum Retail Symposium, visit www.marcumevents.com.
For more information about Marcum LLP's Retail & Consumer Products Practice, visit www.marcumllp.com.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high net worth individuals, private equity funds and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services.