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SAKS INC.

Saks Incorporated, a fashion retail company, operates retail stores under the brand names of Saks Fifth Avenue (SFA), Off Fifth, and Club Libby Lu (CLL) offering a range of luxury fashion apparel, shoes, accessories, jewelry, cosmetics, and gifts. The company generated approximately $2.0 billion in cash from the sales of its department store businesses. Saks operates 53 SFA stores, 48 Off Fifth stores, and 98 CLL specialty stores.

Saks Inc. is part of Business Exchange, suggested by Maki Yamasaki. This topic contains 1,495 news and 1,559 blog items. Read updated news, blogs, and resources about Saks Inc.. Find user-submitted articles and reactions on Saks Inc. from like-minded professionals.

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Will Luxury Lead the Retail Recovery? more

Luxury is back. Maybe not in the form of the conspicuous consumption seen pre-2008, but high-end retailers are at least...

Saks, Target Say They Remain ‘Cautious’ About Demandmore

Saks Inc., the U.S. luxury retail chain, and Target Corp., the second-largest discount chain, said they remain cautious...

Nordstrom, Saks Sales Turnaround Spells Hope for Department Storesmore

Retail sales as a whole improved in October, indicating that consumers are actually starting to spend money again, ...

Saks announces cost-reduction planmore

In response to the deteriorating economic environment, Saks Inc. today announced a series of expense, capital spending...

Saks’s Ability to Tap Real Estate Is Undermined by Market Drop more

Saks Inc. Chief Financial Officer Kevin Wills told investors the unprofitable luxury retailer has “very valuable”...

Bain sees 2009 global luxury sales down 10 pct -WSJmore

drop in demand for designer clothing and other luxury goods has been especially hard on upscale retailers, including...

Obama poster takes over Saks Fifth Avenue, war erupts in juniors depar...more

That's right. Saks Fifth Avenue, which has a store in Tampa's WestShore Plaza, has employed street artist Shepard...

Saks December sales down 19.8 percentmore

Same-store sales at Saks Inc. decreased 19.8 percent for the five weeks ended Jan. 3, and owned sales decreased 18.

Will the Saks and Neimans cuts impact their ability to execute and cmore

The degree and extent of the decline in luxury retail has caught most analysts and luxury retailers off guard.

"Worst is Yet to Come" Standard of Living Permanently Change...more

Back when I started the blog, I coined a phrase "The Pooring of America" - this was a theme based on a...

As Saks reports a loss, its chief offers a planmore

Ever since it began posting double-digit sales declines and selling luxury goods at 75 percent off, Saks Inc.

Discount retailers benefit from recessionary shoppersmore

Nordstrom (JWN) is snatching customers from Neiman Marcus and Saks Fifth Avenue (SAKS). T.J. Maxx and Marshalls are...

UPDATE 1-Saks posts quarterly net loss as sales suffermore

* Q4 sales drop 14.9 percent * Sees challenging year ahead NEW YORK, Feb 25 (Reuters) - Saks Inc (SKS.

SAKS INC. ANNOUNCES 1,100 STAFF REDUCTIONSmore

Upscale U.S. retailer Saks Incorporated has announced the planned reduction of approximately 1,100 corporate support...

Saks Reveals Plans Expense, Capital Spending, and Inventory Receipt Re...more

Retailer Saks Inc. has announced a series of actions related to expenses, capital spending, and inventory receipts...

Luxury retailers hope to rekindle customers' desire to shopmore

and other upscale retailers. Saks and Burberry Group (UK:BRBY: news , chart , profile ) have recently announced job...

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Top Sources: Saks Inc.

  • ぬくぬくBlog
  • nationaljewelernetwork.com
  • MarketWatch
  • St. Petersburg Times
  • Reuters
  • Forbes.com
  • Motley Fool
  • bloomberg.com
  • CNN Money
  • International Herald Tribune

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