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Saks Global Names New CEO as Bankruptcy Rumors Continue to Swirl

Saks Global has named Executive Chairman Richard Baker as its new CEO, replacing long-time leader Marc Metrick, who…

News January 2
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UPDATE: Saks Global Finalizes $2.7 Billion Neiman Marcus Acquisition

[Update as of Dec. 26, 2024] Saks Global has completed its acquisition of Neiman Marcus Group, joining the…

News December 26
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Authentic Brands Group is teaming up with Saks to give its luxury brands a boost.

Saks, Authentic Aim to ‘Redefine the Luxury Experience’ Through New Joint Venture

Brand management firm Authentic Brands Group and Saks Global have developed a new joint venture called Authentic Luxury…

News October 10
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Paige Thomas (pictured here on the right at the 2023 NRF Big Show) has left her role as President and CEO of SaksOff5th.com. Source: NRF

SaksOff5th.com CEO Steps Down

SaksOff5th.com CEO Paige Thomas has left the company to pursue other opportunities, a company spokesperson has confirmed. Thomas…

News March 2
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SaksOff5th.com has hired former Untuckit exec Julie Mares.

SaksOff5th.com Adds Ecommerce SVP as it ‘Evolves its Digital Capabilities’

SaksOff5th.com has appointed former Untuckit executive Julie Mares to the newly created role of SVP of Ecommerce. The move…

News February 28
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As other retailers brace for the impact of a looming recession, Saks OFF 5TH, has a rosier outlook.

NRF 2023: Saks OFF 5TH CEO Foresees Smooth Sailing for Off-Price Despite ‘Choppy’ Economic Waters

The mood on the street these days could generally be described as gloomy. But as other retailers brace…

Features January 16
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Saks OFF 5TH Launches Resale Ecommerce Section in Partnership With Rent the Runway

Saks OFF 5TH and Rent the Runway have teamed up to provide Saks OFF 5TH customers with access…

News July 28
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Ross Stores Opens 29 New Locations Amid Off-Price Brick-and-Mortar Growth

Ross Stores Opens 29 New Locations Amid Off-Price Brick-and-Mortar Growth

Ross Stores is opening 29 new locations in 12 states over June and July as it continues to…

News July 20
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Ecommerce spinoffs were all the rage in 2021 among activist investors but market conditions have dampened that enthusiasm.

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…

Features June 23
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