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Cheapskate.

Authors :
Condon, Bernard
B. C.
Source :
Forbes; 6/19/2006, Vol. 177 Issue 13, p136-138, 2p, 2 Color Photographs
Publication Year :
2006

Abstract

The article profiles two stores, Autozone and Sears, and discusses how cost-cutting has affected customer satisfaction. At Autozone, keeping inventories thin and stores small and basic has kept operating costs low. However, same-store sales have fallen by 2% as competitors such as Advance Auto Parts and O'Reilly Automotive begin to take away customers. At Sears, shares are up 56% since the merger with Kmart, however, same-store sales are down 8.4% at the same time that operating costs are down 11%. INSET: THE FEAR AT SEARS.

Details

Language :
English
ISSN :
00156914
Volume :
177
Issue :
13
Database :
Complementary Index
Journal :
Forbes
Publication Type :
Periodical
Accession number :
21392076