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Attention Shoppers: Great Deals in Retail Mergers
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******************************** Attention Shoppers: Great Deals in Retail Mergers http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1158 Federated Department Stores' acquisition of The May Department Stores will give the company added national scope and reduce costs, and may even result in some short-term savings for consumers. But Federated will still face the challenges of department store retailing, which has been in decline for decades, according to Wharton faculty and retail analysts. Some predict more consolidation in the industry and a greater effort by stores to better position themselves against both high- and low-end competitors.
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