by Mike Duff | Jan 2, 2025 | Retail Articles
Saks Global announced it finalized the acquisition of Neiman Marcus Group in a deal with a $2.7 billion enterprise value. Amazon, an investor in Saks Global, will work to innovate on behalf of customers and brand partners at each Saks Global banner, including Neiman...
by Mike Duff | Jul 1, 2024 | Retail Articles
Saks Fifth Avenue is expanding its luxury personal shopping and styling operation, The Fifth Avenue Club, to bring the total number of standalone locations to 20 by 2024’s end Standalone Fifth Avenue Club suites are an extension of the banner’s existing Fifth...
by Mike Duff | Feb 8, 2024 | Retail Articles
Saks Fifth Avenue has remodeled its West Coast flagship store to underscore its positioning as the quintessential destination for luxury fashion in Beverly Hills. In an additional initiative, Saks has partnered with Lucid, a luxury electric vehicle company, and will...
by Mike Duff | Mar 23, 2023 | Retail Articles
Bloomingdale’s has promoted Denise Magid to the newly created role of Bloomingdale’s chief merchandising officer. Magid’s job entails driving the strategic direction and performance of all Bloomingdale’s merchandising initiatives as she...
by Mike Duff | Jul 11, 2022 | Retail Articles
Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, determined that consumer retail spending in the United States, excluding automotive, advanced 9.5% year-over-year in June while retail sales excluding auto and gas...
