By  on July 23, 2007

Vendors are watching anxiously as private equity firm Kohlberg Kravis & Roberts seeks to buy Macy's Inc. for $24 billion and take it private.

Although turmoil in the debt financing markets may pose a major obstacle to KKR and help scuttle the offer, vendors are weighing the potential impact on wholesale business at what is for many their top account. Some said it could be an advantage to go private so Macy's can weed out less profitable stores, so the vendors can build stronger businesses with the successful ones. In addition, they said Macy's could move faster and make much needed changes as a privately held company.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus