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Check Out Line: From beef jerky to jewelry, cost cuts pay off

Started by calm_girl, March 23, 2009, 04:01:12 PM

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calm_girl

Check Out Line: From beef jerky to jewelry, cost cuts pay off
      


Check out retailers at the high end and the mass level topping Wall Street profit expectations after cutting costs.
Tiffany & Co’s fourth-quarter profit  handily topped analysts’ estimates, after the luxury jeweler took aggressive steps to tighten its cost structure as even wealthy consumers pare back spending in the recession.
Tiffany said earlier this month it would close its 16 Iridesse stores, since the [...]
         

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