Saks News

Today they are providing members comprehensive research on the Department Stores industry and are offering free analytical research on Dillard's Inc.

The U.S. luxury sector, a bright spot in U.S. retailing for the past two years, is struggling to maintain momentum as Europe's sovereign debt crisis sends shockwaves across the Atlantic.

Saks Fifth Avenue raised more than $1.1 million in charitable contributions nationwide through its monthlong February Charity Program, including $17,000 for the Translational Genomics Research Institute .

Sales at Saks Inc's flagship store on Manhattan's Fifth Avenue could one day reach $1 billion, Chief Executive Steve Sadove said on Wednesday.

DDI Magazine and Saks Fifth Avenue launched the DDI Student Window Challenge, which invites visual merchandising students from the Fashion Institute of Technology to create themed displays inside Saks Fifth Avenue's 49th Street windows in New York.

Twenty really comfortable sandals that look a little like orthopedics but in a really cool, fashion-y way.

Revenue at David Jones, which sells everything from ties and fragrances to suitcases and cameras, peaked at A$2.1 billion in the year ending July 2008, according to data compiled by Bloomberg.

This twentieth trading week of 2012 comes to a close with investors assessing the deteriorating situation in Greece and closely monitoring the IPO of Facebook .

The price for staking ground on Manhattan's Fifth Avenue jumped 22 percent in the past year, spurred by a record number of tourists spending their dollars at top U.S. and international retailers on America's most coveted shopping ground.

There has been a lot of talk lately about the fashion label Marni. Here is your Cheat Sheet regarding Marni's effect on retail stocks: Nordstrom announced the launch of Marni's availability on its website, and beat Saks Fifth Avenue to the punch by informing its email customers on Monday.

Amazon has been expanding in terms of its products and its operations, and as a result it is widening its competitive advantages over rivals.

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On Tuesday, Saks Incorporated reported its first quarter earnings and discussed the following topics in its earnings conference call.

Saks announced that it earned $32.1 million, or 18 cents per share, versus $28.4 million, or 16 cents per share, in the same period last year.

Stock futures rose Tuesday as government data showed that consumers spent slightly more in April as prices remained flat.

Saks reported a 13 percent bump in first-quarter profit, but weak demand of women's designer merchandise helped to pull revenue below Wall Street estimates.

Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 9:05 a.m. in New York.

Greece will hold a new election in June after days of talks failed to resolve the country's political deadlock, party leaders said Tuesday.

Groupon Inc : Benchmark Co. reports that Groupon Q1 results turned out to top expectations.

U.S. consumers barely increased their spending on retail goods in April. The weak gain was affected by cheaper gas prices and possibly a mild winter, which may have encouraged consumers to make purchases in the previous two... Foreign demand for U.S. Treasury securities rose to a record high in March.