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Saks Fifth Avenue

Saks Fifth Avenue
News & Analysis

After Decade of Growth, When Will Off-Price Hit Saturation Point?

Struggling retailers continue to place bets on off-price, which is expected to grow between 6 and 8 percent by 2020. But how much is too much?

News & Analysis

After Decade of Growth, When Will Off-Price Hit Saturation Point?

Struggling retailers continue to place bets on off-price, which is expected to grow between 6 and 8 percent by 2020. But how much is too much?


Luxury

Luxury Stores Add More Amenities in a Tougher Market

With designer goods available online anytime, luxury retailers are adding more amenities and personal touches for in-person shopping.

Luxury

Luxury Stores Add More Amenities in a Tougher Market

With designer goods available online anytime, luxury retailers are adding more amenities and personal touches for in-person shopping.


Retail

With Gilt, Hudson’s Bay Company Bets Big on Off-Price

Nearly nine months after its acquisition of the flash-sales pioneer, president Jonathan Greller, chief merchant Kristen Sosa and HBC chief executive Jerry Storch discuss how Gilt Groupe fits into the company’s greater strategy.

Retail

With Gilt, Hudson’s Bay Company Bets Big on Off-Price

Nearly nine months after its acquisition of the flash-sales pioneer, president Jonathan Greller, chief merchant Kristen Sosa and HBC chief executive Jerry Storch discuss how Gilt Groupe fits into the company’s greater strategy.


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.