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" ... Some in the retail arena have saddled the liquidity blame on private equity’s enhanced involvement. With too much debt on the books, retailers claim that ruthless moneymen (and women) have taken control of their business. They pine for the great retailers of yesteryear, and say that the money people have absolutely no feel for their product and don’t know the difference between trimming a sail and trimming a store window. Others in the industry say that private equity is definitely not to blame. The money people were just a means to an end, and retail dug their own hole long before private equity got involved. Truth be told, there is enough blame for everyone in this scenario, and there certainly is no short-term solution that can immediately alleviate the pain. ... "