Saks News

As part of the window displays, Microsoft has set up a screen displaying a live Twitter stream, with posts hashtagged HolidayWindows automatically showing up on the display.

Retail stocks were cheered Wednesday after upscale retailers Tiffany & Co. and J. Crew Group Inc.

Luxury-jewelry retailer Tiffany & Co. posted a better-than-expected third-quarter profit after demand proved stronger than expected from the U.S. and the U.K. to China and Singapore.

Saks Inc. said Tuesday it has extended the maturity date of its revolving credit facility, which has a borrowing capacity of $500 million, and changed certain terms of the loan.

Christmas is just around the corner, so what better excuse do you need to set off on a shopping spree? And why not combine it with discovering the museums, shops and bustling atmosphere of this great window on the world? Along this world-famous street, stretching for just over seven kilometres, there's room for all the glories and the miseries of ...

Luxury retailer Saks posted a surprise third quarter profit earlier this week. Steve Sadove, the company's CEO, tells CNBC whether there's more upside from here.

Luxury retailer Saks delivered third-quarter earnings indicative of the dichotomy that is taking place in today's economy.

In the latest sign that this recovery just might have some staying power, several major retailers reported strong earnings reports for the third quarter.

Saks reported surprising results; much better than the market expected, sending its share price up 5%. The short side of the market will be sorely disappointed.

Consumer spending probably rebounded in October, showing that mounting unemployment is restraining, not derailing, the biggest part of the U.S. economy, analysts said before reports this week.

Retail stocks fell Tuesday, retreating after No. 1 home-improvement retailer Home Depot Inc.'s implied fourth-quarter outlook missed Wall Street expectations and TJX Cos.

Saks swung to a surprise profit in its third-quarter, as it drastically reduced its deep promotions.

Tags: Consumer , Derek Hoffman , Economy , Holiday , Investing , Markets , Retail , Saks , Sales , Stocks , Target , The Edge , TJMaxx Saks is Slow Earnings Info: Earned $.01 cent per share versus a loss of $.32 cents per share in the same period a year ago.

Oil prices extended gains above US$79 a barrel Wednesday in Asia after an unexpected drop in U.S. crude supplies suggested demand could be improving.

Jonathan Birchall Atlanta - FT.com Published on Tuesday, Nov. 17, 2009 1:05PM EST Last updated on Tuesday, Nov.

Saks Inc. , the U.S. luxury retail chain, and Target Corp. , the second-largest discount chain, said they remain cautious about demand after reporting third-quarter earnings that beat analystsa estimates.

Tuesday, TJX Companies Inc. reported that its profit soared in the third quarter, and fellow retailers Dillard's Inc.

Target Corp. said Tuesday that its third-quarter earnings jumped 18%, which was better than expected, on higher profit for the No.

"We're out of stock on a number of hot items people want," said Stephen I. Sadove, chairman and chief executive of Saks.

Fashions are displayed in a Saks Fifth Avenue store window, Tuesday, Nov. 17, 2009, in New York.