Saks Fifth Avenue is closing its Austin store
comments ()Bad news for Austin luxury shoppers. Saks Fifth Avenue is closing its only store in Austin. Here’s the press release that went out earlier today. NEW YORK–(BUSINESS WIRE)– Retailer Saks...
View ArticleNeiman Marcus reported flat profits on higher expenses as its customers...
comments ()Neiman Marcus Inc. CEO Karen Katz said Wednesday that business hasn’t been “as robust or consistent” as expected resulting in flat profits. Profitability was hurt by higher planned costs...
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Saks Fifth Avenue is leaving the Galleria; Belk is moving in
comments ()Saks Fifth Avenue is closing its Dallas Galleria store this summer. Charlotte, N.C.-based Belk Inc. will open in the three-level space in spring 2014 after a major remodel. New York-based...
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NorthPark plans to fill former Barneys New York space with new home...
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Saks spruced up its Grapevine Mills outlet as its Galleria Dallas store holds...
Remodeled Saks Off 5th store at Grapevine Mills. Work was completed May 9, 2013. (Courtesy photo) While Saks Fifth Avenue’s closing sale is in full … [visit site to read more]
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It’s the final week for Saks Fifth Avenue at Galleria Dallas
Saks Fifth Avenue entrance at Galleria Dallas on Saturday, June 8, 2013 (DMN staff photo Maria Halkias) visit site to read more]
View ArticleNeiman Marcus’ rival Saks sold to Canada’s Hudson’s Bay in a deal valued at...
Neiman Marcus’ biggest rival is now part of a larger company. Saks Inc. agreed to be bought by Canadian-based Hudson’s Bay Co. for $2.4 billion in cash and the assumption of debt in a deal valued at...
View ArticleFilling a void: Saks CEO Stephen Sadove is joining J.C. Penney’s board
Saks Inc. chairman and CEO Stephen Sadove is joining J.C. Penney Co.’s board. Sadove has already said he is leaving Saks as part of the luxury chain’s pending merger with Hudson’s Bay Co. When the...
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Photos begging to come out of the archives before Belk opens Saturday
Marshall Field’s was an original anchor of Galleria Dallas in 1982 and closed in 1998. visit site to read more]
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Neiman Marcus and Saks Fifth Avenue have a new battleground
Saks Fifth Avenue’s parent Hudson’s Bay Co. has purchased German department store chain Galeria Kaufhof. On Monday morning, Canada-based Hudson’s Bay said it paid $3.18 billion for a chain of 103...
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Saks Off 5th opening in Frisco
Frisco is getting a Saks Off 5th next year. visit site to read more]
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Neiman Marcus holds tight to top standing in luxury retailing
The main street entrance of Neiman Marcus in downtown Dallas on April 12, 2016. (Rose Baca/The Dallas Morning News) It’s been a bumpy few months for Dallas-based luxury retailer Neiman Marcus. Longtime...
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