|
|
|
Tiffany, Macy’s Among Retailers Closing US Stores
|
|
A growing number of US retailers, including Tiffany & Co., are temporarily shuttering all locations across North America in an effort to stem the coronavirus spread.“Effective immediately, we’re temporarily closing all Tiffany stores in the US and Canada,...
|
|
|
Retail
|
Mar 18, 2020
|
Rapaport News
|
|
|
|
|
|
Saks Unveils Luxury Jewelry Space
|
|
Saks Fifth Avenue has debuted The Vault, a new floor thatwill feature pieces from luxury fine-jewelry and watch designers. The area, located on the retailer’s lower level, willhighlight more than 25 brands, and...
|
|
|
Retail
|
Sep 08, 2019
|
Rapaport News
|
|
|
|
|
|
Saks Strikes Back at Cartier with $55M Claim
|
|
Saks Fifth Avenue has filed a countersuit against Cartierfor $55 million, alleging its eviction of the jeweler was justified under theterms of their contract. Cartier sued Saks last week, claiming theretail giant unlawfully...
|
|
|
Financial-Legal
|
Oct 08, 2018
|
Rapaport News
|
|
|
|
|
|
Saks to Open Specialty Jewelry Store
|
|
Saks Fifth Avenue will launch a store dedicated to jewelry nextyear as part of a program of introducing specialty boutiques.‘The Vault’ will open in Greenwich, Connecticut, in May,focusing on “high and fine” jewelry, the department store chain said. Saksalso...
|
|
|
Retail
|
Oct 30, 2016
|
Rapaport News
|
|
|
|
|
|
Saks to Open at Eaton Centre, Sherway Gardens Toronto
|
|
Hudson's Bay Company will open a full-line Saks Fifth Avenue store in Toronto, Canada at the Hudson's Bay flagship store at the corner of Queen Street and Yonge Street. The approximately 150,000-square-foot, multi-level Saks is planned...
|
|
|
Retail
|
Jan 27, 2014
|
Jeff Miller
|
|
|
|
|
|
Mark Briggs to Leave Harrods for Saks
|
|
Saks Fifth Avenue appointed Mark Briggs to join the retailer as its new chief marketing officer, effective March 2014. Briggs spent 20 years at Harrods as the luxury retailer's director of store image. In his new role...
|
|
|
Marketing
|
Dec 19, 2013
|
Jeff Miller
|
|
|
|
|
|
Saks Taps Legendary Yeti for Christmas Display Theme
|
|
Saks Fifth Avenue’s flagship store in Manhattan will come alive with the unveiling of its Christmas-season decorations on November 25 and the debut of its ''Snowflake Spectacular,'' a light show projected onto the façade of the building....
|
|
|
Marketing
|
Nov 08, 2013
|
Jeff Miller
|
|
|
|
|
|
Saks Expects Merger to Close on November 4
|
|
Shareholders of luxury retailer Saks Incorporated overwhelmingly approved the merger agreement with Hudson’s Bay Company during a special meeting held today. Hudson's Bay also operates Lord & Taylor and Home Outfitters. Based...
|
|
|
Financial-Legal
|
Oct 30, 2013
|
Jeff Miller
|
|
|
|
|
|
Saks Reaches Agreement With Shareholders on Merger Deal
|
|
Saks Inc. acknowledged this morning that it had reached an agreement to settle class action lawsuits that were filed by some shareholders in an attempt to prevent the retailer's sale to Hudson's Bay Company. Several class action suits...
|
|
|
Financial-Legal
|
Oct 22, 2013
|
Jeff Miller
|
|
|
|
|
|
Sadove, Frasch to Depart Saks
|
|
Stephen I. Sadove, the chairman and CEO of Saks Inc. and Ronald L. Frasch, the president of the luxury retailer, will depart when the merger is completed with Hudson's Bay Company before the end of the...
|
|
|
Retail
|
Sep 16, 2013
|
Jeff Miller
|
|
|
|
Financial-Legal
|
Aug 19, 2013
|
Jeff Miller
|
|
|
|
|
|
Hudson's Bay to Acquire Saks Inc. for $3B
|
|
Hudson's Bay Company entered into an agreement to purchase Saks Incorporated for $16 per share in an all-cash transaction valued at approximately $2.9 billion, including debt. The transaction has been approved by each company's board of directors...
|
|
|
Financial-Legal
|
Jul 29, 2013
|
Jeff Miller
|
|
|
|
|
|
Zale, Saks Post Strong Gains on the NYSE
|
|
Shares in Zale Corporation closed 22 percent higher for the day at $6.60 on the New York Stock Exchange (NYSE), following stronger than expected third quarter results. Zale's shares were up 183 percent from one...
|
|
|
Financial-Legal
|
May 22, 2013
|
Jeff Miller
|
|
|
|
Financial-Legal
|
May 21, 2013
|
Jeff Miller
|
|
|
|
|
|
Saks to Close WestShore Plaza Location in Tampa
|
|
Saks Incorporated plans to close its Saks Fifth Avenue store in the WestShore Plaza in Tampa, Florida on May 4. This location has been operated by Saks since 1998. During the past seven months, the department...
|
|
|
Retail
|
Apr 23, 2013
|
Jeff Miller
|
|
|
|
|
|
Saks Amends Credit Facility Up to $600M
|
|
Saks Incorporated amended its credit facility, increasing the maximum availability to $600 million from $500 million and extending the maturity date two years to March 28, 2018. The amendment favorably revises certain...
|
|
|
Financial-Legal
|
Mar 28, 2013
|
Jeff Miller
|
|
|
|
|
|
Saks to Close Two Stores
|
|
Saks Incorporated will close its Saks Fifth Avenue stores located at Renaissance Place in Highland Park, Illinois and the Aboretum Market in Austin, Texas on December 31, 2012. Saks stated that 60 associates are employed...
|
|
|
Retail
|
Sep 05, 2012
|
Jeff Miller
|
|
|
|
Retail
|
Aug 22, 2012
|
Jeff Miller
|
|
|
|
Retail
|
Aug 15, 2012
|
Jeff Miller
|
|
|
|
|
|
Retail Sales Yield Mixed Results
|
|
Observations from the Hong Kong show were mostly positive. The retail environment in the U.S. continues to send mixed messages though. Blue Nile's sales and profits contracted in its Christmas quarter, and while...
|
|
|
Research
|
Feb 22, 2012
|
Rapaport News
|
|
|
