But online jewelry retailer says its niche will pay off
P-I STAFF
Online jewelry retailer Blue Nile Inc. reported Tuesday that profit fell 21 percent in the third quarter as consumers tightened spending, and demand for jewelry fell.
The Seattle-based company would not provide its expectations for the fourth quarter and full year because of uncertainty in consumer spending patterns. Read more about Earnings: Slowing economy tarnishes sales at Blue Nile …