Read more Saks stories on Newserhttp://www.newser.com/taggrid/25415/saks.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 10:44:16 CSThttp://www.newser.com/story/69546/we-love-justin-not-his-jeans.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe latest casualty of the economic crisis: celebrity clothing lines. “Every D-level celebrity who thought they could make a quick buck by designing a handbag or whatever is going to disappear,” Vogue editor Anna Wintour tells the Wall Street Journal. “And I think that's a good thing.” Wannabe-designers including Jennifer...http://www.newser.com/story/69546/we-love-justin-not-his-jeans.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 16 Sep 2009 12:53:28 CDThttp://www.newser.com/story/67258/lousy-retail-sales-will-delay-recovery.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIf the recession is indeed waning, nobody told consumers. Retailers of every kind reported lousy sales for the quarter ended Aug. 1, the Wall Street Journal reports. Target’s same-store sales fell 6.2%, Home Depot’s dropped 9.1% and Saks’ plummeted a whopping 15.5%. And with unemployment, stagnant wages,...http://www.newser.com/story/67258/lousy-retail-sales-will-delay-recovery.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 19 Aug 2009 8:38:27 CDThttp://www.newser.com/story/67213/retail-gains-drive-dow-up-83.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPositive retail reports helped get stocks back on track today after recent declines, the Wall Street Journal reports. Home Depot, Target, and Saks saw smaller-than-expected declines in quarterly profit, while discount chain TJX reported a 31% gain. The Dow rose 82.60 to close at 9,217.94. The Nasdaq...http://www.newser.com/story/67213/retail-gains-drive-dow-up-83.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 18 Aug 2009 15:15:32 CDThttp://www.newser.com/story/60356/haute-pink-is-the-new-black.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs economic woes plague the country, fashionistas are turning to bright, cheery colors—most notably hot pink, the Wall Street Journal reports. Even in New York, those who once wore only black are buying fuchsia ties and designing magenta kitchens. With men who might balk at the traditionally feminine hue,...http://www.newser.com/story/60356/haute-pink-is-the-new-black.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 28 May 2009 11:15:01 CDThttp://www.newser.com/story/56328/designers-fight-store-discounts.html?utm_source=syn&utm_medium=rss&utm_campaign=tagDepartment-store sales may woo bargain shoppers, but they turn off the high-end base luxury designers cater to, Christina Binkley writes in the Wall Street Journal , and cut into those designers’ profits and brand control. Discounts last Thanksgiving set off a chain reaction that collapsed high-end retail’s pricing structure. “That’s not...http://www.newser.com/story/56328/designers-fight-store-discounts.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 16 Apr 2009 9:33:07 CDThttp://www.newser.com/story/50278/saks-deep-price-cuts-changed-all-the-rules.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWhen Saks Fifth Avenue slashed prices 70% in November to kickstart a stalled holiday shopping season, it changed the rules for the entire luxe market, reports the Wall Street Journal. Retailers like Neiman Marcus and Barney's followed suit, putting an end to the unwritten deal the stores had with designers:...http://www.newser.com/story/50278/saks-deep-price-cuts-changed-all-the-rules.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 09 Feb 2009 9:49:05 CSThttp://www.newser.com/story/38282/outlets-keep-luxury-stores-afloat.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIn a stagnant economy, luxury retailers are opening off-price outlet stores at a faster clip, drawing in customers with sale prices they’d never see at a flagship, BusinessWeek reports. Including such names as Saks, Nordstrom and Coach, a trend is emerging: While visits and sales at boutique stores are down,...http://www.newser.com/story/38282/outlets-keep-luxury-stores-afloat.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 24 Sep 2008 17:25:01 CDThttp://www.newser.com/story/35272/losses-continue-for-2nd-day.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks fell today for a second straight session as doubts about financials persisted and economic news painted gloomy outlooks on inflation and housing, MarketWatch reports. Disappointing quarterly reports from the retail sector made a bad situation worse. The Dow fell 130.84 to 11,348.55, the Nasdaq 32.62...http://www.newser.com/story/35272/losses-continue-for-2nd-day.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 19 Aug 2008 15:31:16 CDThttp://www.newser.com/story/21619/retailers-expressing-gratitude.html?utm_source=syn&utm_medium=rss&utm_campaign=tagToday's slow economy has sparked more retailers to thank shoppers with bouquets and personal notes, Portfolio reports. Common for big spenders, such thank-yous are now mailed to regular shoppers too—like one reporter who bought two shirts and a jacket at Nordstrom. "Our salespeople build relationships with their customers by...http://www.newser.com/story/21619/retailers-expressing-gratitude.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 19 Mar 2008 13:58:59 CDT