Saks Earnings Jump to 20 Cents Per Share

Saks Inc. (SKS) reported earnings of 20 cents per share for the third quarter, compared with 4 cents per share a year earlier.

The results for the third quarter included a gain of 14 cents per share related to the reversal of certain estimated income…

The Most Powerful People in Retail

Consumers are still cautious about spending as the effects of the recession linger. But many retailers are feeling more optimistic as we head into the holiday shopping season. Here’s a look at the people who are leading retail …

Focusing on Local Helps Retailers Boost the Bottom Line

Knowing customers’ likes and dislikes is about as basic as it gets in retailing. But for years, national department stores got it wrong. More concerned with controlling costs, big retailers focused on sameness. Not anymore.
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