saks

NBC's design reality show Fashion Star wants viewers to vote -- with their wallets. The day after each episode, the line of that week's winning designer will be on sale at major retailers. Real fashions for real viewers to spend their real paychecks on. Clever -- but will it sell?

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.

Many of America's best-known retailers, including Walmart, Home Depot and JCPenney, will be stepping into the earnings spotlight this week. Their reports come on the heels of disappointing January retail sales numbers from the Commerce Department.

Saks Inc. (SKS) reported earnings of 20 cents per share for the third quarter, compared with 4 cents per share a year earlier. The results for the third quarter included a gain of 14 cents per share related to the reversal of certain estimated income tax reserves deemed no long necessary. Without...

Shoppers are still being careful with their money and hunting for bargains, but generally positive October sales numbers suggest that consumers are beginning to look beyond the basics.

Consumers are still cautious about spending as the effects of the recession linger. But many retailers are feeling more optimistic as we head into the holiday shopping season. Here's a look at the people who are leading retail out of the doldrums.

A New Jersey superior court judge ordered toy and novelties company Kipp Brothers to pay almost $70,000 in fines and other costs after ruling the company illegally sold yo-yo waterballs despite a ban on the potentially dangerous toy. Yo-yo waterballs consist of a rubber ball filled with liquid...

Retailer Saks Inc. (SKS) reported a second-quarter net loss of $32.2 million, or 21 cents per diluted share, compared with a net loss of $54.5 million, or 39 cents per share, in the second quarter of 2009. The results for the second quarter of 2010 include after-tax charges of $11.7 million, or 8...

March sales at stores across the U.S. are expected to report a jump in sales, thanks to an early Easter and warm weather. Retailers report same-store sales tomorrow, a key industry metric that measures sales at stores open at least a year. Analysts are expecting same-store sales at retailers such...

Saks says business is getting better in the luxury department-store space, but the retailer will be looking at the Internet and cheaper Off 5th outlet stores for growth this year. Saks narrowed its fourth-quarter net loss to $4.6 million, meeting expectations.