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Private Equity’s Opaque World

Motley Fool Money

The Effects of Private Equity Firms on Retail

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In many cases, the layoffs can be directly attributed to this style of ownership. Private equity firms were responsible for about 600,000 job losses in the retail industry over a decade when the industry as a whole actually added jobs. Sometimes it's just pure mismanagement. A lot of times it goes back to what you were just talking about, which is this short-term focus.

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