14 hrs ago
CancerForward supporters raise $225,000 at Summer Standard gala as social season comes to close
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.
Fri May 10, 2013
Slim Taunted by Kazoos in Latest Protest of Mexican Billionaire
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)
UPDATE 2-True Religion agrees to go private in $835 mln deal
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.
Tue May 07, 2013
NRF hails passage of Marketplace Fairness Act
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)
Mon May 06, 2013
The Washington Post
Barneys CEO Lee Takes Anti-Penney Approach to Turnaround
At a time when department stores are chopping themselves into mini-malls -- J.C. Penney Co.
The New York Observer
Menace to Society: Exorcising Fashion Demons
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.
Wall Street Breakfast: Must-Know News
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.
Pilot Flying J committee leader that will receive fraud report has ties to Haslam family
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.
Sun May 05, 2013
The Washington Post
TPG Capital, Warburg Pincus Said to Explore Neiman Marcus Exit
TPG Capital and Warburg Pincus LLC are exploring a sale or public offering of Neiman Marcus Group Inc.
Wed May 01, 2013
Gov. Haslam's former boss to oversee Pilot probe
Brad Martin, the newly appointed interim president of the University of Memphis who once hired Gov.
Pilot Flying J hires prominent attorney to oversee internal investigation
A nationally known attorney will lead Pilot Flying J's own internal investigation into an alleged scheme that federal investigators say cheated customers.
Women's Wear Daily
Costume National to Show Collection at Saks
Creative director Ennio Capasa will attend the event, which kicks off at 6:30 p.m. and also aims to publicize OrphanAid Africa.
Sun Apr 28, 2013
Women's Wear Daily
Stephen Sadove, Ron Frasch's Compensation Falls
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Fri Apr 26, 2013
Is Saks ([[SKS]] -1%) becoming more promotional? Retail analyst Rahul ...
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.
Tue Apr 23, 2013
St. Petersburg Times
Saks Fifth Avenue store in WestShore Plaza to close in May
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.
Tampa Saks Fifth Ave. to close doors in May
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.
Mon Apr 22, 2013
Midday Market Stats: Dow Jones Industrial Average Sheds 52 Points on Disappointing Earnings News
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.