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Saks 5th Avenue latest to exit San Francisco's Union Square

CBS News on MSN · 7h

Saks is latest to exit San Francisco's Union Square. Experts say things aren't as grim as they seem.

While Saks has been a fixture on the corner of Post and Powell since 1997, retail real estate experts say the store's departure isn't a sign of the trend they're seeing downtown.

The Real Deal · 19h

Saks Fifth Avenue joins exit parade from SF’s Union Square

Appointment-only format showed “meaningful engagement,” but a merger with Neiman Marcus facilitates closure decision.

Fox Business on MSN · 20h

Saks Fifth Avenue shutting down San Francisco location after nearly 45 years

Saks Fifth Avenue is the latest company to announce it will be closing a location in San Francisco. Several businesses have exited the city in recent years, many citing crime concerns.

19hon MSN

Saks say no ‘broader plan to consolidate’ in markets with Neiman as it closes in SF store

Saks Global says it has no ‘broader plan to consolidate’ in markets with Neiman Marcus as it plans to close Saks Fifth Avenue ...

1d

Saks closes Palm Beach store. What's next for prime Worth Avenue location?

In an exclusive interview Tuesday with the Daily News, Bill O’Connor, CEO of O’Connor Capital Partners, the New York firm ...

16hon MSN

Saks Global to lay off hundreds of workers to streamline operations, company says

Saks Global plans to lay off 550 workers as part of ongoing integration efforts following its Neiman Marcus acquisition.

1d

A Transforming Saks Global Resets the Buying Team

As part of the integration of Neiman Marcus and Saks Fifth Avenue, there is now one team that oversees both luxury retailers.

1don MSN

Saks Global cutting workers after Neiman Marcus tie-up

Saks Global, which acquired Neiman Marcus Group at the end of last year, is reducing its U.S. corporate workforce by 11%.

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