Tuesday, August 20, 2013

Shoes and Handbags Not Flying Off the Shelves at Saks

It's, like, how many shoes and handbags do I need?"  (Not an actual quote.)

Saks Losses Rise as Sales Fall Short of Forecasts.  (The New York Times, 8/19/2013)

Excerpt:     Saks reported a larger-than-expected second-quarter loss on Monday after disappointing sales of shoes and handbags forced it to reduce prices.

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