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Author:Wrigley, N.
Title:European retail giants and the post-LBO reconfiguration of US food retailing
Journal:International Review of Retail, Distribution and Consumer Research
1998 : APR, VOL. 8:2, p. 127-146
Index terms:EUROPE
USA
FOOD
RETAILING
Language:eng
Abstract:The late 1980s era of leveraged buyouts (LBOs) and dramatically increased levels of corporate debt saw some of its most profound impacts in the US food retail industry. Highly leveraged food retailers committed to servicing their huge debt burdens were forced to divest assets and cut capital expenditure programmes, while rival non-LBO firms. In addition, well-capitalised European food retailers, seeking to enter and develop their operations in the USA, were presented with major opportunities.
SCIMA record nr: 179919
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