Dick Lynch has joined the SD Retail Consulting division of Hilco Trading as SVP of merchandising and strategy.
In his new role, Lynch will be responsible for helping retailers create shareholder value through process, organization and technology enhancements in the key merchandising and inventory management functions. He will also play a key role in assisting management, owners and lenders in shareholder value creation assignments.
Most recently, Lynch served as a senior retail advisor for the past 10 year at Karabus Management. He also served as president and COO of The Sports Authority, interim CEO of Sur La Table, president of Paperchase U.S., and CEO at Hechinger following the company’s bankruptcy. Lynch will be rejoining Antony Karabus who serves as president of SD Retail Consulting.
"I am very excited to be joining SD Retail and to be working alongside many former colleagues," Lynch said. "Today's landscape poses many opportunities and challenges for retailers, and I look forward to working with the talented senior management team at SD Retail to identify and implement strategic growth opportunities to enhance the businesses of our clients."
Lynch will work with Farla Efros, EVP and COO of merchandising and strategy to continue to expand SD Retail’s merchandising and strategy practice.
"Dick has an impressive track record of solving complex retail issues, having played a key role in successfully enhancing sales and margins, improving field and merchandising effectiveness and reducing the cost structure for numerous retail chains," Karabus said.
SD Retail is a unit of The Hilco Organization, a privately-held, diversified financial and operational services firm whose principal competency is understanding and maximizing the value of business assets, including retail, consumer and industrial inventory, machinery and equipment, real estate, accounts receivable, intellectual property and going-concern enterprises.