Food Distributors of the Americas Division: Phoenix Management Services Client Food Distributors of the Americas (FDA) was a regional distributor of bakery products and supplies to small independent bakeries and restaurants. In addition to the wholesale business it operated a retail shop open to the public from within its corporate headquarters and distribution center in Buffalo, New York. Problem The company experienced rapidly deteriorating revenues and consolidated its operations down to two facilities located in Buffalo, NY and Saratoga Springs, NY . FDA, however, was unable to sufficiently improve profitability and decided to liquidate all inventory and other assets. Phoenix Management was engaged to assist in the oversight of the liquidation of FDA assets. Solution Phoenix worked col

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