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Saks Inc

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  • Saks Post Quarterly Profit Versus Year-Ago Loss Wednesday, 7 Mar 2007 | 9:26 AM ET

    Saks reported a quarterly profit on Wednesday, reversing a year-earlier loss, helped by better-than-expected sales, higher store traffic and cost controls.

  • Consumer in the Crosshairs Monday, 5 Mar 2007 | 6:00 PM ET

    Guess who will be caught in the crosshairs next week? You! Consumer confidence is down, gas prices are jumping and the housing market is cracking . And next week, major retail chains including JC Penney, Macy’s and Target will give winter sales figures. It’s judgement week for the consumer and retail stocks. Will they rescue this market or drag it down?

  • CNBC's Brennan: Holidays No Gift For Many Retailers Thursday, 4 Jan 2007 | 10:34 AM ET

    Milli Vanilli might “Blame It On The Rain” but retailers are singing "Blame It On the Sunshine!"  Warm weather in the Northeast is being cited as the cause of lackluster December sales.  CNBC’s Margaret Brennan sifted through the numbers with Liz Claman on today’s “Morning Call.”

  • Holiday shoppers are procrastinating, but retailers aren’t panicking and offering bigger discounts to lure people in.

  • After being out of vogue for years, department stores are making a big comeback this holiday season.

  • Foreign Shoppers Invade Posh U.S. Stores Friday, 1 Dec 2006 | 11:56 AM ET

    America is seeing another British invasion – and a Japanese and Brazilian juggernaut – in its retail stores. CNBC’s Margaret Brennan told “Morning Call” that international travelers are swarming over the U.S. this holiday season. As the Yankee greenback drops versus the euro, the yen and the British pound, America is becoming the destination of choice – for luxury shoppers.

  • Holiday shopping got off to a strong start over the week-end with upscale department stores looking like early winners.  And  it's not just grownups who have their hearts set on something luxurious. Kids are going upscale, too.