Saturday, May 23, 2009
When cutting's not enough
Posted by Kimberly Lawson on Sat, May 23, 2009 at 1:40 PM
I'm sure retailers have pretty much had it up to HERE with this recession.
U.S. retailers, which have banked heavily on cost cuts to guard margins in the recession, may be running out of ways to trim expenses further -- putting future profits in jeopardy, unless consumers open their wallets soon.
Read the full story on Reuters.com.
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