The discount chain is set to close nine outlets and its New York flagship store as consumer preferences change.
Saks Global says the closures will help refine its off-price business. But its struggles with vendors may have played a role.
Saks Off Fifth closes its flagship NYC store and other locations across America - A Saks Global spokesperson assured ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. NEW YORK, USA - NOVEMBER 28: Crowd gathered at Rockefeller ...
The CEO opened up about relations with vendors, inventory flow and sales trends while citing forward-thinking initiatives ...