Shopping and working come together in a collaboration between luxury retailer Saks Fifth Avenue and co-working space startup WeWork in a new venture called SaksWorks,...
The parent company of Saks Fifth Avenue said Friday (March 5) it was splitting its eCommerce and 40 traditional retail stores into “separate but related...
Saks Fifth Avenue CEO Marc Metrick said luxury retail could be called “comfort food” for those mired in pandemic-related stress, CNBC reported. Metrick asked “why...
The pandemic has pounded traditional retailers. Landlords and lenders involved with properties ranging from large malls to urban shopping areas are sizing up their options...
Large department stores such as Macy’s and Bloomingdale’s have shut down their New York City locations to avoid the large congregations of people usually inside...
The latest results of the department store operator Hudson’s Bay Company showed the impact of discounts at its Saks Fifth Avenue operations, along with lower...
A licensing company that owns Aeropostale and Juicy Couture has put in a $271 million bid to purchase luxury brand Barneys out of bankruptcy, with...
As Barneys New York wades through bankruptcy, Saks Fifth Avenue and Authentic Brands have partnered to bid almost $270 million to buy the luxury specialty...
Amid brick-and-mortar retail struggles and stock price volatility, a go-private offer has emerged for Hudson’s Bay Co., which owns Saks Fifth Avenue and Lord &...