Wholesale Changes

Retailers were being forced to rethink their fundamental business models before the recession. Now, shifting demographics, over expansion and debt-weary consumers plague the sector.

Joe Kornik | March 27, 2009

Wholesale Changes Retailers were being forced to rethink their fundamental business models before the recession. Now, shifting demographics, over expansion and debt-weary consumers plague the sector.

By Eric Krell

Not to discount a bruising recession, but the economy represents only one of several major challenges shoving the retail industry into a period of wholesale changes. Big box retailers are opening smaller stores in malls. Microsoft is entering the retail business. Saks is slashing prices.

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