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Saks Parent HBC Raises $340M Through ‘Real Estate Monetizations’
WWD via Yahoo News· 7 months agoHBC has used its property savvy to secure another $340 million in cash that can be used to bolster...
Saks Aims to Raise Capital, Make Good on Late Payments, CEO Says
Sourcing Journal via Yahoo News· 4 months agoSaks.com, dealing with a challenging macro environment for selling fashion, says it’s getting close...
Retail trends that shaped the holidays in 2023
Retail Dive via Yahoo Finance· 5 months agoWhile the pandemic’s effects weren’t felt as broadly as in recent years, retailers faced a new set of challenges this holiday season. Holiday hiring for...
Deal or No Deal: Christmas Outcome Crucial to Neiman’s/Saks Tie-up
WWD via Yahoo News· 6 months agoHoliday selling is always crucial to all retailers, but for Saks Fifth Avenue and Neiman Marcus...
'What's going on at HBC?': Bringing Zellers back from the dead is going to be tricky
Financial Post via Yahoo Finance· 2 years agoHudson Bay Co.’s (HBC) announcement last week that it is reviving value retailer Zellers generated a...
Retailers are hoarding labor even as tech layoffs mount
Business Insider via Yahoo News· 1 year agoHoward Schnapp/Newsday RM via Getty Images Some retailers are bucking the trend of layoffs and...
Simon Property (SPG) Announces Revamp of Houston's The Galleria
Zacks via Yahoo Finance· 3 weeks agoSimon Property Group SPG, the behemoth in the retail real estate industry, continues to demonstrate...
Holiday 2023 Could See Lowest Growth Since 2018
Sourcing Journal via Yahoo News· 9 months agoHoliday 2023 might not be as jolly as last year. Early holiday forecasts put growth at 3 percent to 4.6 percent. That’s a far cry from the heady 7.6...
Retailers' excess inventory is good news for holiday shoppers
NBC News via Yahoo News· 2 years agoThe holiday shopping season is in full effect as Thanksgiving week begins, and retailers are...
Nordstrom Layoffs and the Truth About Retail Jobs
Sourcing Journal via Yahoo News· 1 year agoNordstrom Inc. is the latest retailer to trim payroll. Late last month the Seattle-based company laid off technology employees. It wasn’t immediately...
