Saks announces store closings
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BIRMINGHAM, Ala. They&#39;re closing eight Saks Fifth Avenue stores and three Off Fifth outlet stores. Saks Incorporated says shutting down weaker stores will allow the company to focus on its more &quot;productive&quot; locations and further strengthen its brand.
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is closing eight Saks Fifth Avenue stores, including a store at North East Mall in Hurst, and three Off 5th stores, the company said today.
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Pittsfield, Mass.-based toy retailer KB Toys Inc. said it will close 141 to 238 underperforming stores by Jan. 31, 2005. Two stores in Washington -- at Three Rivers Mall in Kelso and Tacoma Mall in Tacoma
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Saks Inc. SKS.N on Tuesday posted a  wider quarterly loss as poor sales at its lower-priced  department stores outweighed a strong performance at its Saks  Fifth Avenue luxury chain.
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Pittsfield, Mass.-based toy retailer KB Toys Inc. announced Tuesday it will close 141 to 238 underperforming stores by Jan. 31, 2005, including several in Oregon.
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Saks Inc. reported a fourth-quarter profit, reversing a year-earlier loss, as improved merchandise drove higher sales.
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Palm plans to close its retail stores in an effort to focus on fewer programs and to compete better, the company says.
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THE REGION CompUSA Inc. says it will close six of its seven stores in Massachusetts by May 31 as part of a restructuring plan that calls for shuttering more than half its stores, spokeswoman Jessica Nunez said. Chief executive Roman Ross cited "changing conditions in the consumer retail electronics market." In Massachusetts, the chain plans to close stores in Framingham, ...
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Saks Inc. (SKS.N) on Tuesday posted a wider quarterly loss as poor sales at its lower-priced department stores outweighed a strong performance at its Saks Fifth Avenue luxury chain.
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Losing sales to BlackBerrys and iPhones, the smartphone maker said it will close seven of its eight retail stores in February.
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The Saks Fifth Avenue store in the Carmel Plaza in Carmel is being closed as the upscale fashion retailer adjusts its portfolio. It&#39;s one of eight Saks stores and three Off 5th stores being shut down by Saks
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Circuit City Stores Inc. CC.N on  Wednesday said it would close 19 superstores, five regional  offices and a distribution center by the end of the month, a  day after the struggling electronics retailer received a $3.25  billion takeover offer.
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Saks Inc., the retailer that owns Saks Fifth Avenue and other department stores, blamed hurricanes and a string of planned store closings Tuesday for a third-quarter loss of &#36;24.8 million, surprising Wall Street which anticipated a profit.
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In a move aimed at helping the company "focus on initiatives that enhance its top performing locations," CompUSA announced Wednesday it would close 126 of its 229 stores as part of a restructuring plan.
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High-end retailer Saks Inc. on Friday said it named Andrew Jennings as president and chief operating officer of Saks Fifth Avenue.
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Upscale retailer Saks Inc.  reported a  5.6 percent fall in June sales at its stores open at least a  year and said owned sales fell 3.9 percent to $237.6 million  for the month.
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Retailer Macy's Inc  said on  Friday it would close nine underperforming stores in Indiana,  Ohio, Louisiana, Oklahoma, Utah and Texas.