The marriage of Saks Fifth Avenue and Neiman Marcus was supposed to create a luxury powerhouse. Instead the newlywed ...
Saks Global's challenges grow as it moves to cut costs and hold payments to vendors. Even more challenging, Saks trails in foot traffic to luxury department stores.
The news, which comes as the luxury retailer faces financial and market challenges, follows its $2.7 billion acquisition of ...
Saks Fifth Avenue has been slow to pay for some of its merchandise, resulting in complaints by some vendors and others ...
On the agenda: some reduction of the number of vendors Saks partners with, a presence on amazon.com and new approaches to ...
Saks Fifth Avenue plans to close its Palm Beach store on Worth Avenue on April 19, ending nearly a century of doing business in Palm Beach. The decision marks a remarkable shift in the fortunes of ...