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Archive Home > 2009 > November > 19 > To avoid cutting prices, retailers trim inventories

To avoid cutting prices, retailers trim inventories

By Stephanie Rosenbloom / The Bulletin
November 19, 2009

All around Saks Fifth Avenue, merchandise is sold out. The $2,520 Marni shearling vest? Gone. The $5,295 Brioni leather bomber jacket? Only one left. The $1,995 over-the-knee, Christian Louboutin boots?

“All gone, except for this,” said Nick Passerelli, a Saks employee, dangling a size 11 boot....

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