Meta bets on NYC with flagship
Meta is making its Fifth Avenue retail pop-up location permanent by signing a 10-year lease on the space.
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Saks Global announces 15 more store closures, expands vendor base to 500
Three Neiman Marcus and 12 Saks Fifth Avenue locations will shutter. The luxury company, which is in bankruptcy court, said its fleet is likely now…
Saks Global retreats from off price, closing most stores and all e-commerce
Just a dozen Saks Off 5th locations will stay open, and they’ll sell only residual inventory from Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.
Who controls Saks Global’s IP?
Authentic Brands Group now owns 77% of the entity that controls a perpetual master license to Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.
Saks Global to shutter 9 full-line stores
Saks Fifth Avenue is taking the brunt of the plans, with eight stores on the list. The company told the bankruptcy court further closures may…
The Vitamin Shoppe opens AI-enabled store in NYC
The location debuts the company’s Shoppe Advisor, an AI-powered discovery tool that focuses on in-store education, engagement and personalization.