Industry Watch - The troubled department stores industry seems poised for a new round of consolidation, in order to combat increased competition from discounters and specialty retailers. But experts say that consolidation won't help the stores compete more effectively. Instead, they should begin making dramatic changes in their merchandising, category management, and customer service strategies.
Year of publication:
Mergers & acquisitions. - New York, NY : Investment Dealers' Digest, ISSN 0026-0010, ZDB-ID 8628555. - Vol. 37.2002, 5, p. 28-29