Monday, October 17, 2016

Expect a comeback for some department stores, former Saks CEO says

Image result for department storeThings are going to start looking up for certain department stores, former Saks CEO Steve Sadove told CNBC on Friday.

The news has been grim for department stores of late, with the group suffering a 0.7 percent sales decline in September. In May, it reported its worst results since the recession.. . . more

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