No Holds Barred: Retailers Battling for Profits

Battling for profits, retailers are making Wrestlemania seem sedate

This is a dangerous and potentially deadly time to be a retailer in America. The number of stores has grown at a rate far faster than the U.S. population, setting off a competitive battle as wild and unpredictable as a Wrestlemania spectacular. As the grappling gets rougher and tougher in an industry where takeovers and leveraged buyouts have become everyday events, some contestants are being tossed out of the ring and others are being dismembered or gobbled up by competitors.

The struggle has become more desperate than ever in 1988, with the five-year economic expansion losing momentum. Few economists predict an...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!