Can Private Ownership Help Restore Restoration?

This article reports on the need for Restoration Hardware to fix its costly supply chain and position itself for profitability, according to analysts. In November 2007, Restoration Hardware entered a definitive merger agreement with an affiliate of private-equity firm Catterton Partners. The turnaround would not necessarily be of a sales nature, but more about cost. It is not a merchandise problem, the problem is turning sales into profits, according to retail analyst Laura Champine of Morgan Keegan & Co.