Saks February key sales figure climbs but misses estimates of steeper gains Saks Inc. said Thursday that a key sales figure rose last month, but not as much as analysts expected. The luxury retailer said sales at stores open at least a ...
<div id="subtitle">Saks posts smaller loss in 1st quarter than analysts expect as it benefits from cost cuts</div><div><p>Luxury retailer Saks Inc. reported a loss for the first quarter Tuesday as it struggles with the pullback in spending by its wealthy customers. Still, the ...
<div id="subtitle">Tale of 2 retailers: Saks posts a loss and TJX a profit as shoppers seek discounted clothing</div><div><p>Saks Inc. said Tuesday that its cost cutting left it with a smaller loss than expected in the first quarter, but demand remains weak for ...
<div id="subtitle">Saks closes private offering of convertible notes due in 2013, gets proceeds of $115.4 million</div><div><p>Luxury department-store operator Saks Inc. said Wednesday it closed its private offering of $120 million of principal amount of convertible notes due in 2013.</p><p> ...
<div><p>CHICAGO (Reuters) - Despite Memorial Day sales, warmer weather and deals such as $1 flip-flops, most U.S. retailers are expected to post declines in same-store sales in May as shoppers kept hunting for bargains in the recession.</p><p>Department stores and chains catering to ...
<div><p>CHICAGO (Reuters) - Saks Inc <SKS.N> shareholders voted on Wednesday to call on the struggling upscale retailer to put directors up for election annually, eliminating a staggered board with three-year terms, in a move to make the board more accountable.</p><p>Shareholders also voted ...
<div><p>CHICAGO (Reuters) - Most retailers posted disappointing May sales as recession-weary shoppers cut spending at stores ranging from high-end chains to discounters like Target Corp <TGT.N>, pushing down retail shares.</p><p>While there have been early signs of stabilization such as improving consumer confidence, ...
<div><p>NEW YORK (Reuters) - J.C. Penney Co Inc <JCP.N> is more optimistic about its fourth quarter than the rest of its fiscal year, hoping new styles and affordable prices will help it win more sales than it did in the dismal 2008 ...
Reshma Shetty Z Spoke by Zac Posen launch event held at Saks Fith Avenue - Arrivals New York City, USA - 24.02.10 Copyright 2010 WENN
<div><p>Ahead of the Paris couture shows, top designers have joined a tricky exercise to glam up one of the world's most traditional pieces, the abaya -- the long black overgarment worn by millions of Arab women.</p><p>Unveiled the same week that French President ...
