Saks Fifth Avenue

Retailers Shutter Brick-And-Mortar Stores As Foot Traffic Sinks
Retailers Shutter Brick-And-Mortar Stores As Foot Traffic Sinks
March 18, 2020  |  Coronavirus

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...

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Discounts, Lower Same-Store Sales Hit Hudson’s Bay Results
Discounts, Lower Same-Store Sales Hit Hudson’s Bay Results
December 10, 2019  |  Retail

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...

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Authentic Brands Offers $271M To Purchase Barneys Out Of Bankruptcy 
Authentic Brands Offers $271M To Purchase Barneys Out Of Bankruptcy 
October 21, 2019  |  Retail

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...

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Bankrupt Barneys Gets Nearly $270M Offer From Saks, Authentic Brands
Bankrupt Barneys Gets Nearly $270M Offer From Saks, Authentic Brands
October 14, 2019  |  Partnerships / Acquisitions

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...

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Saks Owner Hudson’s Bay Shareholders Make Bid To Take Firm Private
Saks Owner Hudson’s Bay Shareholders Make Bid To Take Firm Private
June 10, 2019  |  Retail

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 &...

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With Nod To Retail’s Golden Age, Department Stores Reach Back To Restaurants
With Nod To Retail’s Golden Age, Department Stores Reach Back To Restaurants
January 16, 2019  |  Retail

Luxury department stores are borrowing from the past to bring customers into their stores in the digital age. That is, retailers are taking a page...

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Beauty And Brains: L’Occitane en Provence Is Latest Brand To Tap AI
Beauty And Brains: L’Occitane en Provence Is Latest Brand To Tap AI
June 28, 2018  |  Artificial Intelligence

Who says you can’t be pretty and smart at the same time? More and more beauty brands are turning to digital tools like artificial intelligence...

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Clearing The Clutter For Consumers
Clearing The Clutter For Consumers
April 06, 2018  |  Today In Data

Seamlessness is a universal preference, but friction-filled obstacles tend to find their way into all kinds of transactions. Whether the resistance is caused by meddling...

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 Beyond Panera’s Loaves And Phishes, Beware The Scammers In Your Inbox
 Beyond Panera’s Loaves And Phishes, Beware The Scammers In Your Inbox
April 05, 2018  |  Security & Fraud

Panera and Saks grab the headlines. But amid data leaks the lures for the bad guys go far beyond the credit card number. Names, addresses...

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