Saks News

Saks employee was arrested for allegedly stealing $130,000 through gift card scam.

It's about data and arithmetic. And it's about time! IN THE NEWS Saks Challenges Web Discounters Beleaguered high-end retailer Saks Inc.

Dallas, TX - Macy's, Inc. was one of the top movers of today`s trading session as it rallied 6.44% to close at $19.18 on over 17.68 million shares after the company was upgraded by JP Morgan from Neutral to Overweight.

Consumers, looking to outfit themselves for cooler weather and enticed by an improving economy, lifted the nation's stores to a second consecutive month of sales increases in October, the retail industry's best performance in more than a year.

Of all the retailers hurt by the recession, no group has been pummeled as badly as luxury chains.

Victoria's Secret is hoping a new push-up bra intended to boost women's busts as much as two sizes also will enhance its bottom line this holiday season.

U.S. retailers had their best month in more than a year in October as shoppers turned to discounters and high-end stores alike.

Saks Inc. said Thursday sales at stores open at least a year rose 0.7 percent in October, beating analyst estimates of a decline.

More than half of U.S. retail chains posted October sales that fell short of Wall Street's heightened expectations, raising doubts about a widespread recovery for the holiday season.

Consumers, enticed by cooler weather, early holiday discounts and an improving economy, spent a little more in October, handing the retail industry its second consecutive sales gain after more than a year of declines.

Few women working in Chicago 's fashion industry can remember when women couldn't wear pants in fine restaurants.

David Gardner called it. He's up 1,334%! See what David's recommending that you buy NEXT.

Retailers are roaring Thursday morning, after GDP reported growth, signaling a possible end to the recession.

Email this Posted Oct 29th 2009 at 4:28PM by Bee-Shyuan Chang David Meister's shirred-print cocktail dress is currently marked down from $328 to $195.90 at Saks.com. Photo: SaksFifthAvenue.com Despite recently swearing off sales , Saks Fifth Avenue is in discount mode once again! The New York-based retailer is trying out its own version of 36-hour ...

Andrea Kramer 10/28/2009 11:55:18 AM Saks Incorporated attracted a slew of call speculators on Tuesday, as investors prepare for the Nov.

Retailers are wearing red as disappointing housing data weighs on investors. The S&P Retail Index is falling 1.8% to 382.23 in afternoon trading, after the Commerce Department said new home sales slipped unexpectedly by 3.6% , the first decline since Mach.

Global consumer confidence is rebounding, and in the United States has risen for the first time since 2007, amid signs the world economy is picking up although spending is still restrained, a survey showed on Wednesday.

Vince, an upscale contemporary clothing line available at luxury retailers such as Saks, Barney's and Neiman Marcus, opened its first store in New Jersey on Friday, at The Mall at Short Hills.

A rapidly shrinking luxury market has been devastating to upscale retailers and consumer goods product companies.

Kilian's newest fragrance, PURE OUD, is kept behind the fragrance counter at Saks and costs $395. Shop for a Cause: C Level in Boca Park is celebrating its fourth anniversary with a portion of all shopping proceeds benefitting local charity Olive Crest through Sunday.