saks fifth avenue

    By Barbara Thau

    | 6:00AM 11/26/2011
    For great deals on Cyber Monday, turn off the computer and go bargain-hunting in brick-and-mortar stores. Between retailers desperate to compete and websites starting sales earlier, e-commerece's big day is losing its online luster.

    By Barbara Thau

    | 3:00PM 8/04/2011
    July retail sales were solid, with Costco, Macy's, JC Penney, Nordstron and Saks Fifth Avenue all beating expectations. Craig Johnson, president of Customer Growth Partners, the retail consultancy, says we could be having the best back-to-school selling season since 2006.

    By Linda Doell

    | 12:00PM 2/18/2011
    Keeping track of the latest product and food recalls can be a challenge, so Consumer Ally has collected them in one place for you to check each week. Here is this week's roundup of recalls: James Perse recalled about 6,700 men's and women's jackets because they don't meet federal flammability...

    By Laura Heller

    | 2:10PM 9/01/2010
    Luxury spending is actually improving, even while most of us are still strapped, so the news that Saks Fifth Avenue might be acquired has a lot of people looking for meaning and wondering which retailer might be next. Barnes & Noble, Aeropostale and BJ's Wholesale all belong to a group of...

    By Melly Alazraki

    | 9:48AM 8/31/2010
    Saks shares have spiked on takeover speculation. Reports say a private equity consortium with U.S. and U.K. players is interested in buying the retailer and could offer some $1.7 billion for it.

    By Mercedes Cardona

    | 3:00PM 8/20/2010
    With the prospects for economic recovery iffy at best and consumer spending still sluggish, retailers are closing their weakest stores in order to protect profits.

    By Mercedes Cardona

    | 10:00AM 1/14/2010
    If stores seem picked over this year, don't be fooled into thinking you just missed a crazy sale. It's deliberate. Retailers expect growth and profits in 2010 won't come from new stores, but rather from merchandising the existing ones to the hilt -- with less, but more exclusive merchandise.

    By Mercedes Cardona

    | 10:00AM 11/12/2009
    Clotheshorses already have Project Runway, but coming soon will be project runaway prices. That's right, once the holiday season is over, get ready to pay higher prices for clothes. Less competition among stores, rising labor costs in developing countries and inventory control mastered during this...

    By Megan Angelo

    | 2:00PM 7/30/2009
    Today's Wall Street Journal announces that Saks Fifth Avenue is introducing 'The Men's Collection,' an in-house line of menswear that will be in all the chain's stores by August. And Bloomingdale's is also turning up the volume on its own branded men's goods, revamping and relaunching their...

    By Megan Angelo

    | 5:00PM 7/23/2009
    I got an e-mail from Saks Fifth Avenue last night that gave me pause, and not because of the deal it was advertising ("spend some get some," which rewards customers with gift cards depending on how much they spend). No, it was the photo in the e-mail that took me aback. The e-mails I get from Saks...