Highlights
A collection of news and information related to Saks Inc. published by this site and its partners.
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Saks to close after the holidays
The Saks Fifth Avenue in Highland Park will close after the holiday season, displacing roughly 60 workers, the company recently announced. The 12-year-old, 49,000-square-foot store will close Dec. 31. "We routinely assess the productivity,...
Tags: Companies and Corporations, Economy, Business and Finance
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Black Friday Draws Crowds But Spending in Doubt
ReutersLOS ANGELES -- Bargain hunters flocked to U.S. stores late Thursday and overnight Friday, searching for deals while fretting about their own shaky economic well-being. Retailers were hoping for more shoppers like Shawn Elzia as the annual Black Friday...Tags: Unions, Entertainment Events, Kohl's, Games, Sears
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Retail sales show modest increase as gas and food prices eat into disposable income
Money & CompanyShoppers appeared to be more cautious last month in spending for clothing and other items as rising gas and food prices took up a bigger chunk of their disposable income. Major retail chains reported a modest 4.9% gain in sales...... -
Bloomingdale's outlets may eventually open in California, Macy's CEO says
Money & CompanyWhen Macy's Inc. announced last month that it would open a Bloomingdale's outlet concept, many California shoppers were disappointed to learn that none of the initial four stores would be in the state. But in an interview with the Times...... -
December retail sales slip 0.3% from November, Commerce Department reports
Money & CompanyThe Commerce Department said retail sales fell last month, a surprising development given that many major retailers have been reporting relatively healthy holiday results. Retail sales in December totaled $353 billion, a 0.3% decline from November, the... -
Retailers report dismal December sales
Retailers reported dismal sales figures for December on Thursday as even Wal-Mart Stores Inc., one of the bright spots in the industry, finally buckled under the pressures of the deteriorating economy. As merchants reported their sales figures,...Tags: Microsoft Corporation, Gap Inc., Costco Wholesale Corporation, Petroleum Industry, Family
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Economy and changing consumer habits straining department stores
Of The Morning CallIn 110 years, the Bon-Ton Stores has grown from its humble beginnings as a single shop in York to become a national chain with 280 stores and more than 33,000 employees. But today the retailer that sells everything from housewares to clothing to home...Tags: The Bon-Ton Stores Inc., Death, Wal-Mart Stores, Inc., Consumers, Companies and Corporations
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The week ahead
Chicago TribuneMonday: -- Earnings: Campbell Soup Co.; Concur Technologies Inc.; Lowe's Cos.; Medtronic Inc.; Nordstrom Inc.; TransDigm Group Inc.; Tween Brands Inc. Tuesday: -- October housing starts -- Earnings: Aruba Networks Inc.; Barnes & Noble Inc.; BJ's...Tags: Zale Corporation, The Gymboree Corporation, Hormel Foods Corporation, United Natural Foods Incorporated, Ross Stores Incorporated
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May sales dim Sears' 2nd-quarter outlook
Experiencing weakness in every department of its traditional mall stores, Sears, Roebuck and Co. was one of the few major retailers to post disappointing May sales, and the Hoffman Estates merchant on Thursday provided a more somber assessment of its...Tags: Gap Inc., Costco Wholesale Corporation, Petroleum Industry, Ann Inc., Lifestyle and Leisure
Sep 13, 2012
|Story| Chicago Tribune
Nov 25, 2011
|Story| Reuters
Jun 2, 2011
| Los Angeles Times
Feb 16, 2010
| Los Angeles Times
Jan 14, 2010
| Los Angeles Times
Jan 8, 2009
|Story| WXIN-LTV
Mar 6, 2008
|Story| Allentown Morning Call
Nov 18, 2007
|Story| Chicago Tribune
Apr 15, 2007
|Story| Tribune Media Services
Jun 4, 2004
|Story| Chicago Tribune
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