Scale economies aren't necessarily rooted in operating efficiencies.
It is expected to save £1m per year in VAT, non-domestic rates and operating efficiencies.
The improvement, he said, reflects lower interest rates and operating efficiencies.
The city expects to save $650,000 annually in operating efficiencies like supplying Internet-based cellphone service to city workers.
Other savings would come from using new technologies in design and production, as well as from operating efficiencies.
Under Oracle, she said, the Sun businesses would be able to achieve operating efficiencies "far in excess of what Sun has done to date".
In their research, the managers look for factors that are likely to increase earnings growth, including new products, services and distribution channels, or operating efficiencies.
The move was made to consolidate "operating efficiencies" possible because of Tribune's acquisition of the Times Mirror Company, said John Lyday, a spokesman for the company.
The bulk of the benefits accrue to the traditional stores, in the form of more sales, operating efficiencies and better customer service.
The company said it also cut $500 million annually from aircraft debt and leases, and got $400 million in supplier renegotiations, management concessions and operating efficiencies.
Jim McCann, the company's chief executive, attributed the strong quarter to increased demand for non-floral gifts, enhanced operating efficiencies and growing repeat business.
