Saks News

With only one more black-tie gala to follow, CancerForward 's Summer Standard stood as something of the last big-night-out before the Memorial Day exodus and, with that, more than 200 guests poured in to Houston Country Club for the fundraiser.

After a group of protesters denounced Carlos Slim and marched out of the room playing Darth Vader's theme song on kazoos, a companion of the Mexican billionaire smiled at him and said, "Welcome to New York." The 73-year-old, whose telecommunications empire spans Latin America , the U.S. and Europe , has been increasingly targeted by demonstrators ... (more)

Premium jeans maker True Religion Apparel Inc said on Friday it has agreed to be acquired by investment management firm TowerBrook Capital Partners LP in a deal worth about $835 million.

The National Retail Federation the world's largest retail trade association issued the following statement from NRF Chairman of the Board Stephen I. Sadove of Saks Incorporated and NRF President and CEO Matthew Shay on the Senate passage of S.743, the Marketplace Fairness Act: "We applaud Senators Enzi, Durbin, Alexander and Heitkamp and the entire ... (more)

At a time when department stores are chopping themselves into mini-malls -- J.C. Penney Co.

I hate department stores. They remind me of being a chubby 12-year-old with braces being dragged around by her mother to try on bat-mitzvah dresses at the Macy's and Bloomingdale's located in the heart of Delaware's Christina Mall.

Top Stories Bain, Golden Gate close in on $6.5B BMC deal. Private-equity firms Bain and Golden Gate could reportedly announce a deal today to acquire BMC Software for over $6.5B, with the $46-share-offer above the latter's close of $45.42 on Friday.

The Pilot Flying J director who will lead a special committee overseeing an internal investigation into claims of business fraud at the company has connections with owner Jimmy Haslam's family that date back years.

TPG Capital and Warburg Pincus LLC are exploring a sale or public offering of Neiman Marcus Group Inc.

Brad Martin, the newly appointed interim president of the University of Memphis who once hired Gov.

A nationally known attorney will lead Pilot Flying J's own internal investigation into an alleged scheme that federal investigators say cheated customers.

Creative director Ennio Capasa will attend the event, which kicks off at 6:30 p.m. and also aims to publicize OrphanAid Africa.

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Is Saks becoming more promotional? Retail analyst Rahul Sharma notes the retailer increased the discount rate on an annual friends and family sale to 25% from 20% a year ago.

The New York-based retailer said Tuesday that its location at WestShore Plaza was falling short of company sales goals and will close May 4. In its place will go a flagship store for Dick's Sporting Goods, scheduled to open sometime early next year.

Retailer Saks Incorporated announced that it plans to close its Saks Fifth Avenue store located in the WestShore Plaza in Tampa, Florida on May 4, 2013.

Retailer Saks Incorporated will be closing its Saks Fifth Avenue store located in the WestShore Plaza in Tampa, Fla., May 4. "This planned closing is in line with our strategy of using our resources in our most productive Saks Fifth Avenue stores.

The Dow Jones Industrial Average is down 52 points, or 0.4%, to 14,495.75, after several lackluster quarterly earnings reports -- which included blue-chip component Caterpillar Inc.