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Saks Aims to Raise Capital, Make Good on Late Payments, CEO Says
Sourcing Journal via Yahoo News· 3 months agoSaks.com, dealing with a challenging macro environment for selling fashion, says it’s getting close...
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...
More Than a Year After Being Spun Off, Saks.com Raises More Capital to ‘Support Future Growth...
Footwear News via Yahoo News· 2 years agoThe retailer said that the upsized asset-based revolving credit facility will continue to help fund...
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...
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...
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...
Retailers are struggling with excess inventory. That's good news for holiday shoppers.
NBC Universal via AOL· 2 years agoThe holiday shopping season is in full effect as Thanksgiving week begins, and retailers are...
'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...
NRF’s Big Show: The Mood, Issues and Outlook
WWD via Yahoo News· 5 months agoCompared to recent past NRF Big Show conventions, shrouded by COVID-19, uncertainties and store consolidation talk, this week’s edition had an overall...
Neiman Marcus Posts Challenging Quarter
WWD via Yahoo News· 1 year agoThe Neiman Marcus Group is confronting waning sales and grappling with excess inventories but remains confident in its overall strategy. On Wednesday,...
