More From Vicki M. Young
Hilfiger Reteams With Toth Brand Imaging
Tommy Hilfiger has turned once again to Toth Brand Imaging to create a new advertising campaign.
Gottschalks Hires Financo to Explore Options
NEW YORK — Regional department store chain Gottschalks Inc. is on the selling block and has hired investment…
250 Layoffs Expected at Sears
Sears filed a notice with the Illinois Department of Commerce & Economic Opportunity indicating plans for a…
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Penney’s: No Easy Target
NEW YORK — J.C. Penney Co. has strong defenses in place that would make a leveraged buyout by financial…
Locking In the Team: Top Neiman’s Execs Get Golden Parachutes
Neiman Marcus, in an SEC filing, said it reached severance deals with 11 top executives, including ceo Burt…
Penney’s Stock Soars on LBO Talk
Shares of J.C. Penney Co. shot up 8.4 percent on Thursday based on reports it could be bought out by at least…
Find a Partner: Equity Groups Link Up to Eye Neiman Marcus
Four partnerships are forming among venture capitalists eyeing potential bids for Neiman Marcus Group that…
Consumer Confidence Slips Again
The Consumer Confidence Index fell more than expected to 102.4 from 104.4 in March, declining for the second…
Splitting Up Saks Inc.: Belk Said Among Suitors For Department Stores
Sources said Tuesday that Saks Inc., which is based in Birmingham, Ala., is attempting to line up buyers for…
Sears-Kmart a Done Deal
While Sears shareholders gave the nod to the $11 billion marriage with Kmart, chairman Edward Lampert said…
The Sears-Kmart Deal: Will Ed Lampert Drive Rollouts or Roll-ups?
Edward Lampert, engineer of the Sears-Kmart merger, is more likely to build shareholder value by selling…
Analysts Wary on Saks Stock Upgrade
Wall Street analysts were impressed by strategic initiatives put in place at Saks Fifth Avenue, but not…
Saks’ Luxury Battle Plan: Focus on Shoppers’ Needs To Redefine Retail Image
Saks Fifth Avenue is banking on “world class” customer service to replenish its cache in the fiercely…
May Shareholder Files Suit In Attempt to Nix Merger
The lawsuit, which also seeks class-action status, was filed by Edward DeCristofaro in a Missouri Circuit…
Luxe Segment Sees Ongoing Strength
NEW YORK — The spotlight on the high-end market is glittering.
The segment grabbed Wall Street’s attention…