FINANCE

Saks Fifth Ave. to Close Ft. Lauderdale Location

BY CSA STAFF

New York City Saks Inc. plans to close its 73,000-sq.-ft. Saks Fifth Avenue store in the Galleria Mall in Ft. Lauderdale, Fla.

The store, which is leased, is expected to close on July 20.

Approximately 60 associates are employed in the Ft. Lauderdale store. All affected associates either will be offered transfer opportunities or will receive appropriate severance packages.

The company operates ten other Saks Fifth Avenue stores in Florida and will continue to serve its many customers on the Eastern coast of Florida in its Boca Raton, Miami, Bal Harbour, Palm Beach, and newly renovated and expanded Palm Beach Gardens locations.

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Bloomingdale’s to shift direct-to-consumer focus online

BY CSA STAFF

NEW YORK Bloomingdale’s is shifting the focus of its direct-to-consumer business to its stronger performing bloomingdales.com Web site, where sales growth has far outpaced he Bloomingdale’s By Mail catalog in recent years. As such, the company said it will discontinue its By Mail catalog by 2009.

“Bloomingdale’s is focused on growing its online business, increasing profitability and reflecting a seamless brand and merchandise selection, whether it be in-store or online,” commented Michael Gould, Bloomingdale’s chairman and ceo.”

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Tuesday Morning names new director to board

BY CSA STAFF

DALLAS Tuesday Morning announced the appointment of Starlette Johnson to its board of directors.

Johnson is currently president, coo, and director of Dave and Busters and has served in that capacity since April 2007.

 

“We are pleased to welcome Starlette to the Tuesday Morning board of directors,” said Bruce Quinnell, chairman of the board. “We believe her extensive experience will make her a valuable addition to the board and an asset to the company.”

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