There's a new perspective emerging now about retail consolidation that's similar to the one that should occur to a dog chasing a car: Suppose I catch it, what then? And that's just it: What now? As we all know, large-scale retailers such as Kroger Co. and Albertson's have agreed to high-profile acquisitions of other big companies. Other well-known retailers are busy acquiring some smaller companies. And the acquisition pipeline hasn't gone dry yet. But whether the deal is big, small, ...

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