SIEGFRIED A. SCHAFFER
CHIEF OPERATING OFFICER
Siegfried Schaffer is the Chief Operating Officer of SB360 Capital Partners. He is responsible for transaction execution and has oversight of all financial and operational aspects of the firm. Siegfried is engaged in all aspects of structuring unique client solutions, developing target and working financial models, and providing project management expertise for client companies.
Siegfried spent more than 15 years with a predecessor company, SB Capital Group in New York, where he was a Principal responsible for the firm’s transaction origination as well as direct and high level transactional oversight. During his tenure, Siegfried held senior positions in a variety of SB Capital owned entities. These operating units crossed all business groups and included executive positions in brand development for new and acquired brands, and financial, operational, and merchandising roles in numerous retail and wholesale entities.
Siegfried’s experience has given him a keen perspective on all retail fronts: mass merchandisers; department stores; specialty stores; and, outlet and popup locations. A short list of some of the well-known names Siegfried has been directly involved with from an executive level perspective include Circuit City, Borders Books, Fashion Bug, Ace Hardware, Fortunoff, Gottschalks and Kenneth Cole.
Siegfried received his Bachelor of Science in Accounting from Bryant University.
NATURAL DISASTERS, TERRORISM, TRADE WARS, AND PANDEMICS – AND YET, RETAIL PERSISTS
The following article was penned by SB360’s Aaron Miller and Siegfried Schaffer for the June 2020 issue of the Journal of Corporate Renewal.
First came subprime mortgages, the ensuing financial crisis, and the Great Recession. Then predictions came of a retail apocalypse caused by the Amazon effect. Despite years of grim headlines predicting the demise of traditional brick-and-mortar stores, retailers have continued to find ways to adapt, evolve, and even thrive. But the shock brought on by the spread of COVID-19 poses the greatest threat to storefront retail seen in generations.
There will be no easy path forward for retailers as life as they’ve known it has fundamentally changed, at least for the foreseeable future.
TOWN SHOES CANADA TAPS SB360 CAPITAL PARTNERS TO CONDUCT CLOSING SALE
TORONTO, Ontario – Town Shoes Canada, a trend setting mid-luxury footwear retailer, has retained SB360 Capital Partners LLC (www.sb360.com), to assist in the closure of all 28 stores operating as Town Shoes and the Town Shoes ecommerce platform. Ohio based DSW Inc., parent company of Town Shoes Limited, announced earlier this year the decision to close all stores bannered as Town Shoes. The Company will focus their Canadian investment on the growth of the larger Town Shoes Limited banners including DSW Designer Shoe Warehouse, The Shoe Company, and Shoe Warehouse.
Siegfried Schaffer, Executive Vice President of SB360, said “Town Shoes in Canada is synonymous with high quality, trend-setting footwear for Men and Women. To find this level of mid-luxury product at a discount is really unheard of.”