2 weeks ago Macy’s vs. HBC: Two Different Takes on the Ecommerce Spinoff Shareholder activists are nothing new — some sources credit Warren Buffet’s mentor Jeff Gramm as the first activist investor, nearly 95 years…
3 months ago AMIRI Adds Personalization and Operations Tools to In-Store Experience As luxury fashion brand AMIRI prepares to expand its brick-and-mortar footprint from its four U.S. stores, the retailer is incorporating a suite…
7 months ago Saks Fifth Avenue Tops List of 2021 Winning Windows Recipients Winning Windows began as a way for design:retail to celebrate the retailers and creative teams that use their window real estate to…
9 months ago Report: New Stakeholder Jana Partners Pushes Macy’s to Split Off Ecommerce Business Activist investor Jana Partners has taken an undisclosed stake in Macy’s and is prodding the department store chain to separate its ecommerce…
1 year ago Saks.com Completes $465 Million in New Financing Saks.com has secured a new round of financing to back its growth strategy as it aims to take advantage of the continuing…
1 year ago HBC Splits Saks Fifth Avenue Into Separate Ecommerce and Brick-and-Mortar Businesses HBC will spin off Saks Fifth Avenue’s ecommerce business as a standalone entity that will be called Saks. Growth capital investor Insight…
1 year ago Barneys is Back, via Saks Fifth Avenue, in New York and Connecticut Iconic luxury retailer Barneys New York has been brought back to life inside Saks Fifth Avenue’s New York City flagship via a…
2 years ago Hudson’s Bay Shareholders Approve Privatization Plan More than 98% of Hudson’s Bay Company (HBC) shareholders voted to take the department store retailer private for a price of $11…
3 years ago HBC To Shutter Home Outfitters Chain, Up To 20 Saks OFF 5TH Stores Hudson Bay’s Company (HBC) will close its Home Outfitters business in Canada in 2019, and may shutter up to 20 Saks OFF…
4 years ago Saks Fifth Avenue Targets Facebook Shoppers With Holiday Gift Guide Chatbot For the second year in a row, Saks Fifth Avenue launched a Holiday Gift Guide chatbot on Facebook Messenger. The Saks team…
4 years ago Saks Fifth Avenue, Lord & Taylor Confirm Data Breach Affecting Up To 5 Million Shoppers On April 1, HBC confirmed a report that hackers had breached payment systems in its Saks Fifth Avenue, Saks Off 5th and…
4 years ago Hudson’s Bay Picks CVS Exec As New CEO HBC, parent company of iconic retail brands including Hudson’s Bay, Lord & Taylor and Saks Fifth Avenue, has appointed CVS executive Helena…