'Fire-High, Hire-Low' Strategy Likely Only to Play in Circuit City.

The article reports on the views of retail experts on the cost-cutting fire-high, hire-low strategy implemented by Circuit City. The strategy involved the dismissal of higher-paid store employees and replace them with staff compensated at the current market range for the job. Industry analysts believe the move could ultimately damage top-line results but will not set off a trend in the retail cost management.