The fall of Sears has been well documented. But who else is feeling the grip of Amazon on their once thriving retail business and who will be next to declare bankruptcy?
1. According to the article, what is the toxic combination that will take the eight named retail companies out of the game?
2. What are the problems with private equity takeovers of failing companies?
3. What does the article mean when it says there is no longer a middle to the market and why do you understand that this is a problem?
4. Would you think that RiteAid and Pier One are in better or worse positions than the rest of the companies? Discuss.
Pandey, E. (2018). The next eight retailers at risk of Sears’ fate. Axios, Nov. 8 (Retrievable online at https://www.axios.com/retailers-at-risk-bankruptcy-sears-private-equity-debt-b33084a4-8d73-484b-b769-d25867156189.html)