Tracy Margolies Named Chief Merchant at Saks

Saks Fifth Avenue

Saks Fifth Avenue has named former Bergdorf Goodman executive Tracy Margolies chief merchant.

Marc Metrick Named President of Saks Fifth Avenue

Saks Fifth Avenue

Marigay McKee is stepping down as president of Saks Fifth Avenue after only 15 months and Marc Metrick, a 15-year veteran of the luxury retailer, has been named to replace her.

In Other News: Behind the Scenes at Saks and Trunk Club

Michael Barkin-NRF-Trunk Club

The WSJ‘s Ray Smith followed Saks GMM Tom Ott to Milan and the NRF talked to Michael Barkin about how Trunk Club works.

Saks Criticized for Handling of Transgender Discrimination Suit

Human Rights Campaign

In response to a motion to dismiss the suit by Saks, HRC has suspended the retailer’s Corporate Equality Index score.

Saks, Lord & Taylor to Anchor Meadowlands Mega Mall

American Dream Mall-FEATURED

American Dream Meadowlands, the New Jersey mega mall that was announced back in 2011, has released a preliminary list of retail tenants that includes Saks Fifth Avenue and Lord & Taylor.

HBC Takes $1.25 Billion Mortgage on Saks Flagship

Hudson's Bay Company

Hudson’s Bay Company announced a $1.25 billion 20-year mortgage on the ground floor of the Saks flagship in Manhattan today.

Saks Closing Hackensack, N.J. Store

Saks Fifth Avenue

Saks Fifth Avenue will close its Hackensack, N.J. in the Shops at Riverside by the end of the year.

Saks Fifth Avenue, Nordstrom Opening in Puerto Rico

Mall of San Juan-FEATURED

Both Saks Fifth Avenue and Nordstrom will be opening stores in the new Mall of San Juan in Puerto Rico next spring.

Saks Confirms New Downtown Stores, Office Moves

Brookfield Place-TOPFEATURED

Hudson’s Bay Company has signed leases with Brookfield Property Partners for a Saks Fifth Avenue store, a Saks Off Fifth flagship and 400,000 sq. ft. of office space.

Sunny Diego Rejoins Saks as Men’s Sportswear DMM

Saks Fifth Avenue

Sunny Diego, who spent 18 years at Saks, returned as VP and DMM for men’s sportswear.