Saks Fifth Avenue
How American Department Stores Plan to Fight Back in 2019
From the battle for Manhattan to the battle for survival, Neiman Marcus, Saks Fifth Avenue, Nordstrom and others may look radically different by the end of the year.
Saks Shuts Downtown Store in Cutthroat Manhattan Retail Wars
The failure of the women’s shop highlights intensifying competition in New York's department-store battlefield.
Saks Fifth Avenue Drives Revenue Gains at Hudson's Bay
Chief executive officer Helena Foulkes said in an interview that the company is still fixing the fundamentals, though she’s pleased with progress.
Saks Fifth Avenue Hits Back at Cartier with $55 Million Countersuit
The department store argues that it's justified in moving Cartier to the basement of its New York flagship, and denies ever assuring the fine jewellery brand that it could keep its ground floor boutique.
Saks Off 5th Wants in on the Discount Retail Boom
Hudson’s Bay is trying to turn around its discount chain, after it reported falling same-store sales for the seventh time in the past eight quarters.
Activist Urges the Owner of Hudson's Bay to Mimic Macy's
Activist investor Land & Buildings resumed its criticism of department store owner Hudson's Bay Co., urging it to correct its underperformance and extract value from its substantial real estate holdings.
Can Revamped Beauty Floors Save Department Stores?
Saks Fifth Avenue is the latest department store chain to put the beauty counter at the centre of its survival strategy.
Saks and Lord & Taylor Hit By Security Breach
Data from card payments in some of the stores in North America has been compromised.
Power Moves | Belstaff Hires CEO and Chairman, Stephen Gan Joins Elle
This week, Belstaff names Helen Wright as its new chief executive and Robin Hutson as non-executive Chairman, while Stephen Gan leaves Harper's Bazaar for Elle.
Digitising the Sales Associate
Department stores and boutiques are using new digital technologies and training to amplify one of the things that still differentiates them from online competitors: their seasoned in-store sales associates.