Saks Fifth Avenue
For J.C. Penney, E-commerce is No Easy Fix
NEW YORK, United States — First the good news for J.C. Penney Co Inc online sales rose 26.3 percent during the holiday quarter.
Hudson’s Bay to Sell Toronto Complex for C$650 Million, Add Saks
TORONTO, Canada — Hudson's Bay Company, Canada's oldest company, said it will sell its main store and adjoining office tower in downtown Toronto for
Saks’s New President to Spend $1.25 Billion to Rejuvenate Chain
NEW YORK, United States — Saks Fifth Avenue President Marigay McKee plans to spend $1.25 billion refurbishing the luxury chain over the next two
Manolo Blahnik Women’s Wingtips Seen Curbing Shoe Slump
NEW YORK, United States — Wingtips aren't just for men anymore.
Saks Shareholders Approve Sale to Hudson's Bay
NEW YORK, United States — The shareholders of Saks have overwhelmingly approved the luxury retailer's sale to Hudson's Bay Co.
JC Penney Names Saks CEO Sadove as a Director
PLANO, United States — J.C. Penney said Wednesday that Saks Chairman and CEO Stephen Sadove is joining its board of directors.
Neiman Seeking $3.75 Billion of Loans; Hudson’s Bay Boosts Debt
NEW YORK, United States — Neiman Marcus Group Inc. is seeking $3.75 billion in loans to back its buyout by Ares Management LLC and the Canada Pension
Hudson’s Bay Hires Harrods Chief Merchant McKee to Run Saks
NEW YORK, United States — Hudson's Bay Co., the Canadian department store chain that's acquiring Saks Inc. for $2.4 billion, hired Marigay McKee,
Saks Says 2 Top Executives to Depart After Buyout
NEW YORK, United States — Saks Inc. says two of its top executives will leave the company once its sale to Hudson's Bay Co. is complete.
Saks Reports Weak Q2 Sales, Deeper Loss
NEW YORK, United States — Saks Inc. on Monday reported a deeper than expected second-quarter loss after disappointing sales of shoes and handbags