Saks addict

Article Abstract:

Proffitt's has acquired Saks in a move that should bring some cost savings, but there is concern about an acquisition that may have occurred prior to an economic downturn. Observers are concerned that the retailing industry suffers from overcapacity, high costs and inefficiency, problems that are masked by a boom in the industry which may disappear, exposing the problems. Proffitt's also has to tackle luxury retailing, since its own business is focused on department stores geared to suburban housewives.

Department Store Chains, Mergers, acquisitions and divestments, Retail industry, Retail trade, Saks Inc., Proffitt's Inc., PRFT

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Why some shops drop

Article Abstract:

Department stores that are 'anchors' for smaller stores in shopping malls pay a smaller portion of rent than smaller stores. But department stores create 'positive externality,' attracting more sales for smaller stores than they do for themselves.

Retail Stores, Economic aspects, Stores, Shopping centers

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New tricks

Article Abstract:

Problems facing Japanese department stores, and their response to changing market conditions are examined in detail.

Japan

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