New York--It was a week for looking ahead but also reviewing the past. For forward thinkers, there's our upcoming Spring/Summer … [Read more...]
Saks Inc.
Neiman Marcus Q3 Profit Up 13%
Dallas—Amid various rumors that Neiman Marcus Group might launch an IPO or even be part of a merger with rival Saks Inc., the … [Read more...]
June 4, 2013 -
NRF Asks U.S. Judge to Reject Swipe Fee Settlement
Washington—The National Retail Federation (NRF) and a broad cross-section of retailers asked a federal judge on Tuesday to … [Read more...]
May 29, 2013 -
Week in Review: Top Articles Online
New York--As retailers struggled through some not-so-pleasing first quarter earnings reports this week, several reasons for … [Read more...]
May 24, 2013 -
Report: Neiman Marcus + Saks Deal Pending?
New York—Could longtime luxury retail rivals Neiman Marcus and Saks Inc. be headed for a corporate marriage? That’s the … [Read more...]
May 23, 2013 -
Saks Inc. Beats Earnings Estimates Despite 38% Profit Decline
New York—Saks Inc. today reported that its first quarter profit sank 38% from last year, but its adjusted figures actually beat … [Read more...]
May 21, 2013 -
Saks Inc. Posts Q4 Profit Decline, But Still Beats Forecasts
New York—Despite sales at some of its Saks Fifth Avenue and Off Fifth stores being negatively affected by Superstorm Sandy, Saks … [Read more...]
February 26, 2013 -
Saks Inc. Q3 Profit Meets Expectations; “Optimistic” About Q4
New York—Saks Inc. reported today a “modest” 27% increase in its third quarter profit thanks to higher comparable store … [Read more...]
November 13, 2012 -
Saks Inc. Q2 Posts Loss, Sales Gain
New York—Despite an increase in sales, Saks Inc. reported today that its second quarter loss widened due to costs associated … [Read more...]
August 14, 2012 -
July Retail Comp Sales Give Surprising Results
New York—Credit the stifling temperatures in many parts of the nation that sent consumers indoors seeking refuge in the cool of … [Read more...]
August 2, 2012 -
A “Volatile” June Makes for Disappointing Sales Comps
New York—A combination of bad weather mixed with “stagnant” macroeconomic pressures created a recipe for a disappointing … [Read more...]
July 5, 2012 -
May Retail Comp Sales Mostly Rise on Mother’s Day Sales
New York—Helped by a later Mother’s Day, the second biggest gift holiday after Christmas, and continued consumer spending on … [Read more...]
May 31, 2012 -
