Private Equity Firms See Big Bucks at Thrift Stores

With money tight, value retail stores are a natural home for consumers hunting for bargains. In the U.K., discount chains have benefited and are expanding fast. Now, American private equity firms are signaling interest in buying some of these British success stories.

Full Show: Bloomberg ‹GO› (07/26)
07:49 - Bloomberg ‹GO› hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Michael Purves, chief global strategist at Weeden & Co., U.K. Minister of State for Trade and Investment Mark Price, John Lechleiter, chairman, president and chief executive officer at Eli Lilly, Ellen Zentner, chief U.S. economist at Morgan Stanley, Libby Cantrill, executive vice president at Pimco, Will Slabaugh, restaurant industry research analyst at Stephens, Brian White, senior equity research analyst at Drexel Hamilton, Steven Ricchiuto, chief economist at Mizuho Securities, and Bob Michele, global chief investment officer at JPMorgan Asset Management. (Source: Bloomberg)
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