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Saks Fifth Avenue

  • Long-time retail, marketing exec named to Motorola board

    LIBERTYVILLE, Ill.  -- Motorola Mobility Holdings has announced the appointment of Jeanne Jackson, president of direct-to-consumer for Nike, to the company's board of directors effective immediately.

    "We are pleased to welcome Jeanne to our board and look forward to benefiting from her extensive retail industry knowledge and experience," said Sanjay Jha, chairman and CEO of Motorola Mobility. "Jeanne's background and insight will prove invaluable to Motorola Mobility as we continue to position the company for future growth and success."

  • Rooftop solar system to be built on Jersey Gardens outlet mall

    Elizabeth, N.J. -- Columbus, Ohio-based Glimcher Realty Trust has announced plans for the largest single-roof top solar system in North America to be built on the roof of Jersey Gardens in Elizabeth, N.J.

  • Ulysse Nardin, Gold To Go, Piñon Grill, Betsey Johnson and Men’s Express open at Town Center at Boca Raton

    Boca Raton, Fla. -- Indianapolis-based Simon Property Group announced that its Town Center at Boca Raton shopping mall is celebrating the grand opening of two national retail debuts, a Florida first in dining and several other upscale additions.

    Recently, Swiss watch manufacturer Ulysse Nardin opened its first freestanding U.S. boutique at Town Center at Boca Raton. Prior to the holidays, gold vending machine, the GOLD to go ATM, opened.

  • Saks to close Denver store

    New York City -- Saks on Wednesday announced it plans to close its Saks Fifth Avenue store located in the Cherry Creek Mall in Denver, Colo., on March 19. With the closing, the company will have closed seven Saks Fifth Avenue stores since July 2010.

  • A.R.E.'s Retail Design Collective slated for Dec. 8-10

    New York City - The Association for Retail Environments (A.R.E.) announced that its Retail Design Collective will be held Dec. 8-10, at 7 W New York, 7 W. 34th St. and at other major showrooms throughout New York City.

    Conference sessions focus on visual merchandising and store design trends, and will feature retailers such as Harry Cunningham of Saks Fifth Avenue, Brad Lenz of Liz Claiborne, Diana Bernal of Van Cleef  Arpels Inc., Paul Olszewski of Macy's, Tom Davidson of The Food Emporium, and Lauren Shaw of Louis Vuitton North America.

  • Saks profit surges in Q3

    New York City -- Saks reported Tuesday that its net income rose to $36.3 million for the quarter ended Oct. 30, up from $6.3 million in the year-ago period. Third-quarter 2010 results were helped by a surge in luxury spending and a $26.7 million gain related to income tax reversals.

    Revenues rose to $658.8 million for the quarter, compared with $631.4 million the prior year. Same-store sales increased 5.7%.

  • Simon expands Houston Premium Outlets

    Indianapolis -- Simon Property Group announced that it opened the second phase of Houston Premium Outlets in Cypress, Texas.

    The 114,000-sq.-ft. expansion brings the property to a total of 541,000 sq. ft. of gross leasable area (GLA) and 145 stores.

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