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Saks Fifth Avenue

Saks Fifth Avenue
Retail

Department Stores Battle for Manhattan

America’s luxury department stores are betting big on the buoyancy of the New York market. But is there space for everyone?

Retail

Department Stores Battle for Manhattan

America’s luxury department stores are betting big on the buoyancy of the New York market. But is there space for everyone?


Retail

Inside the Reinvention of Saks Fifth Avenue

Can the 92-year-old department store win back high-spending shoppers after years of inching downmarket?

Retail

Inside the Reinvention of Saks Fifth Avenue

Can the 92-year-old department store win back high-spending shoppers after years of inching downmarket?


Retail

Why American Department Stores Are ‘Broken’

Struggling American department stores still place the biggest orders, but increasingly rely on markdowns to drive foot traffic and sales, resulting in a vicious cycle with ramifications across the industry.

Retail

Why American Department Stores Are ‘Broken’

Struggling American department stores still place the biggest orders, but increasingly rely on markdowns to drive foot traffic and sales, resulting in a vicious cycle with ramifications across the industry.


Retail

Why Americans Aren't Shopping

Unemployment is down, gas is cheap and interest rates remain low. So why is American retail suffering?

Retail

Why Americans Aren't Shopping

Unemployment is down, gas is cheap and interest rates remain low. So why is American retail suffering?


Retail

Can American Retailers Kick Their Discounts Addiction?

Rampant discounting at American retailers is creating a race to the bottom, shrinking profit margins and diminishing brand value. Where will it end?

Retail

Can American Retailers Kick Their Discounts Addiction?

Rampant discounting at American retailers is creating a race to the bottom, shrinking profit margins and diminishing brand value. Where will it end?


News & Analysis

P&G Faces Lawsuit Over Dismissal of Pregnant Saleswoman

A former cosmetics saleswoman for Procter & Gamble Co is suing the company, claiming that she was fired after becoming pregnant and being told earlier by a supervisor that 'pregnancy is not part of the uniform.'

News & Analysis

P&G Faces Lawsuit Over Dismissal of Pregnant Saleswoman

A former cosmetics saleswoman for Procter & Gamble Co is suing the company, claiming that she was fired after becoming pregnant and being told earlier by a supervisor that 'pregnancy is not part of the uniform.'


Financial Markets

Hudson's Bay Profit Misses as Costs Rise

Department store operator Hudson's Bay Co reported a smaller-than-expected quarterly profit as expenses soared and sales at established Saks Fifth Avenue stores dropped.

Financial Markets

Hudson's Bay Profit Misses as Costs Rise

Department store operator Hudson's Bay Co reported a smaller-than-expected quarterly profit as expenses soared and sales at established Saks Fifth Avenue stores dropped.


Retail

What’s Next for the American Department Store?

Changing consumer sentiment and over distribution of product has hit the department store model hard in the challenging US market. Can executives win back the magic through a series of ambitious new year initiatives?

Retail

What’s Next for the American Department Store?

Changing consumer sentiment and over distribution of product has hit the department store model hard in the challenging US market. Can executives win back the magic through a series of ambitious new year initiatives?


Financial Markets

Saks Woes Send Hudson’s Bay Tumbling After Third-Quarter Loss

Department-store operator Hudson’s Bay Co. fell the most in more than three months after posting an unexpected third-quarter loss, hurt by reduced spending from tourists at its Saks Fifth Avenue chain.

Financial Markets

Saks Woes Send Hudson’s Bay Tumbling After Third-Quarter Loss

Department-store operator Hudson’s Bay Co. fell the most in more than three months after posting an unexpected third-quarter loss, hurt by reduced spending from tourists at its Saks Fifth Avenue chain.


Retail

In Digital Age, Holiday Windows Still Drive Sales

Despite the rising importance of digital touchpoints, brands and retailers are still pouring money into elaborate holiday windows. Why?

Retail

In Digital Age, Holiday Windows Still Drive Sales

Despite the rising importance of digital touchpoints, brands and retailers are still pouring money into elaborate holiday windows. Why?