-
The gloves are off between Saks Fifth Avenue and its landlord at the tony Bal Harbor Shops in Miami. The luxury department store sued the shopping center and its owner, Matthew Whitman Lazenby, for trying to “publicly shame Saks” tied to an August dispute over rent. “Defendants initiated a malicious public smear campaign designed for …
-
Hudson’s Bay, the owner of luxury department store Saks Fifth Avenue, has ditched its plan to raise up to $900 million in debt after prospective investors requested a higher interest rate than the company was willing to pay, people familiar with the matter said Wednesday. The pulled bond offering highlights the perceived risk of lending …
-
Our Fifth Avenue’s treasured Saks Fifth reopened today. President Marc Metrick, who’s been there forever and probably sold Hiawatha his first tux: “We’ve opened 33 of our 43 stores. But this one, our flagship, gets us excited. “We’ve stocked 5,000 masks for our associates. Besides instituting 100 hand sanitizer stations, sanitizing escalator handrails continually and …
-
Saks Fifth Avenue’s flagship store has exchanged its barbed-wire fencing for display windows proclaiming its love for New York City as it gears up for a grand reopening on Wednesday, The Post has learned. The iconic department store across from Rockefeller Center — guarded by attack dogs and barbed-wire fencing recently to deter looting amid …
-
Coming soon to a store near you: Clothing quarantines. In an effort to protect customers from the coronavirus, some clothing retailers have decided to sequester clothes that have been tried on in a fitting room. Saks Fifth Avenue aims to take its clothing out of commission for 48 hours after being tried on, according to …
-
Saks Fifth Avenue is mapping out what its stores will look like post-coronavirus — and the plan includes sales associates who will wear fashionable masks while passing out little bottles of hand sanitizer. Executives at the swanky retailer — owned by Canada-based Hudson’s Bay Company — have been drawing up a “re-entry plan” as the …