As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Ralph Lauren, for its...
As brick-and-mortar retailers look for new ways to remain relevant amid commerce’s digital transformation, Saks Fifth Avenue is turning its focus to automotive sales in...
Neiman Marcus has reportedly rejected a $3 billion takeover bid from Saks Fifth Avenue. The two luxury department store chains have been engaged in negotiations...
Luxury retailers Neiman Marcus and Saks Fifth Avenue are reportedly in talks to merge. This potential merger comes as Neiman Marcus has been actively seeking a buyer due to...
Retailers are recognizing that offering free shipping may not be sustainable in the long run. However, rather than eliminating it, they are raising the criteria...
Is Louis Vuitton luxury? Depends who you ask and what products you’re looking at. With that even a question among luxury consumers, Louis Vuitton is...
Saks Fifth Avenue is now offering its luxury personal shopping and styling service at resorts. Previously offered only in the luxury retailer’s own stores, the Fifth Avenue...
Macy’s stock jumped more than 17% Monday (Oct. 18) to $28.24 per share as reports swirled about Saks Fifth Avenue possibly taking its eCommerce arm...
Decades ago, when consumers had only one way to shop — in store — retailers were able to focus all their efforts on optimizing that...