More From Vicki M. Young
Seeing Green and Red
Are the good times already over?
The possibility of hedge fund losses shook the U.S. and European markets last
…
Swooping in With Fat Cash Eyeing Retail
Flush with cash, but fearful of not making returns on it, or worse, having to give the money back, the hedge…
Li & Fung Readies for Expansion
NEW YORK — Li & Fung USA is gearing up for more acquisitions, and its first move on that front is the…
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Wal-Mart Set Back, Target Scores
Wal-Mart Stores missed Wall Street's first-quarter estimates by a penny on Thursday, and Target Corp. beat…
Saks Fifth Avenue Fallout: Eight Merchants Said to Be Ousted
Saks Fifth Avenue may have let go several merchants because of the Saks Inc. inquiry into improper vendor…
Retail Muscle-Flexing: Federated Net Gains 27% in 1st Quarter
Federated Department Stores Inc. was on a roll in the first quarter, boosted by strong sales in private…
Strong Sportswear Sales Lead Warnaco
The apparel supplier also said it may be on the prowl for an acquisition.
Future Spending Questioned
NEW YORK — Consumer jitters are dampening the consumer outlook in May, but a pullback in spending likely…
Shopper Poll: No Benefit to M&As
NEW YORK — U.S. consumers don’t believe that they benefit from retail mergers or acquisitions, and say the…
Fighting the Squeeze: Vendors Dig In Heels Against Chargebacks
As consolidation continues to sweep the retail landscape, vendors are becoming increasingly concerned about…
Texas Pacific M.O.: To Diversify Brands
NEW YORK — With the acquisition of the Neiman Marcus Group by Texas Pacific Group and Warburg Pincus, the…
The Neiman’s Challenge: Staying at Top of Luxury Under Two New Owners
NEW YORK — The new owners of Neiman Marcus have a tough act to follow.
The top U.S. luxury chain on Monday…
Saks Inc. Looks Beyond Belk Deal
Saks Inc. is selling its Proffitt's and McRae's department stores to Belk Inc., but is holding onto its Saks…
The Future of Neiman’s: Maintain Luxury While Expanding Chain
The Neiman Marcus Group bidding entered its final chapter Sunday although the situation remained fluid.
Neiman’s Winner Might Be in Wings
NEW YORK — Bids for The Neiman Marcus Group are due today, and an announcement of the winning bid could come…