14 hrs ago | Women's Wear Daily
In Brief: Saks To Shut Store... Tarrant Loss Shrinking...
“We will make every effort to provide needed assistance to our associates.”
The company operates 10 other Saks stores in Florida, which has been hit hard by the implosion in the housing market. via Women's Wear Daily
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Saks Forum & PollsWednesday May 14 | South Florida Sun-Sentinel | Posted by South Florida Sun-Sentinel
Saks Fifth Avenue store to close at the Galleria Mall
Saks Inc. today announced plans to close its Saks Fifth Avenue store at the Galleria Mall in Fort Lauderdale.
The 73,000 square foot store is expected to close on July 20, Saks spokeswoman Julia Bentley said. Sixty-one employees will be laid off, though all will be offered transfer opportunities or will receive severance packages, she said.
'The store did not meet the profitability standards of our company,' Bentley said.
Jaclyn Giovis can be reached at 954-356-4668 or jmgiovis@sun-sentinel.com. Read more
Monday May 12 | The Miami Herald
Saks to close Fort Lauderdale store
The Saks Fifth Avenue store in Fort Lauderdale's Galleria Mall will close this summer, the company announced Monday. via The Miami Herald
Saturday May 10 | Investor's Business Daily
Retail Sales In April Top Views Despite Drags On Consumer
“What the industry has been doing in apparel is curtailing inventory and keeping prices low”
After a dismal March, retailers rang up solid sales last month, with most topping views as shoppers grabbed bargains and snapped up warm-weather goods. via Investor's Business Daily
Thursday May 8 | Bloomberg Business News
Wal-Mart, Costco Sales Rise More Than Estimated as Consumers Seek Bargains
Wal-Mart Stores Inc. and Costco Wholesale Corp. reported sales that rose more than analysts estimated after U.S. consumers bought discounted clothing and food as they contended with higher gasoline prices. via Bloomberg Business News
Wednesday May 7 | Myfashionlife.com
Q&A: Giorgio Armani Visits NYC
In the 48 hours that he is in town, the legendary designer is scheduled to stop by the new Armani flagship store under construction on 5th Avenue, to take a peek at a Saks store window unveiling and to accept ... via Myfashionlife.com
Friday May 2 | New York Daily News
Retailers offering cash-strapped consumers lower prices
“We're thinking it's going to be a lot better”
Cookie's is planning its first springtime sale to lure shoppers set on landing the best deals. via New York Daily News
Wednesday Apr 30 | Bloomberg
Heidi Klum's $137 String Bikini Becomes Object of Lust for Women Shoppers
Men appreciate centerfold Heidi Klum 's beauty in the 2008 Sports Illustrated Swimsuit Issue . via Bloomberg
Monday Apr 28 | The Paramus Post
Fortunoff Names Christopher Sim as EVP and CFO
“Sim's expertise will facilitate Fortunoff's retail expansion and enhance our profile as a high-end jewelry and home wares vendor.”
Charles Chinni, Fortunoff Chairman and CEO, announced the appointment of Christopher Sim as Executive Vice President and CFO of the company, which was acquired by NRDC Equity Partners in March. via The Paramus Post
Saturday Apr 26 | CSRwire.com
Saks Fifth Avenue Partners With Charity: Water to Bring Safe Water to Impoverished Communities
Support includes selling wristbands, e-cards and well sponsorships $5 charity: water bracelets available at Saks Fifth Avenue and saks.com. NEW YORK, April 23 /PRNewswire/ -- This Mother's and Father's Day, ... via CSRwire.com
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