The Bon-Ton Stores Inc. will stay in the fine-jewelry business even after the exit of Finlay Enterprises Inc., the company’s president announced in a conference.
In response to a question from an analyst, Bon-Ton President and Chief Executive Officer Bud Bergren said, “Finlay will be in our stores for about three or four more months, and then we’ll be back in the fine-jewelry business with another strategy.”
When asked by the same analyst if the company has the people and infrastructure in place to operate a fine-jewelry department, Bergren said the company has four or five options when it comes to fine jewelry but did not elaborate further.
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