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1Vote!

Saks Seeks to Counter Carlos Slim’s Stock Purchase

Saks Inc. took defensive measures against a single investor owning more than 20 percent of its stock.

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Saks Adopts Poison Pill

Just days after Mexican billionaire Carlos Slim Helú raised his stake in Saks Inc. to nearly 18%, the beleaguered luxury retailer has adopted a shareholder rights plan intended to thwart a potential takeover.

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Saks attempts to ward off takeover

Luxury retailer Saks Inc. is introducing a "poison pill" into its share structure, which is generally done to avert hostile takeovers.

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Manufacturer Files Suit Against Saks

Private label manufacturer files lawsuit accusing Saks Inc. of refusing to accept a confirmed order.

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Saks Sets 'Poison Pill'

Saks has adopted a holder rights plan designed to thwart takeovers, just days after Mexican billionaire Carlos Slim Helu raised his stake in the beleaguered luxury retailer.

1Vote!

Black Friday traffic takes down Sears.com

Sears.com was inaccessible to U.S. shoppers for two hours on Friday in what was the most notable Web hiccup of the holiday gift-buying season's official start. Other sites, including Amazon.com Inc., experienced minor slowdowns, according to Shawn White,...

1Vote!

Black Friday traffic takes down Sears.com

Other sites, including Amazon.com Inc., experienced minor slowdowns, according to Shawn White, director of external operations at Keynote Systems Inc., a San Mateo, Calif.-based research group. Starting a week and a half ago, Keynote began tracking the performance of about 30 big online retailers, logging the time it took to find a product and start checking out. Keynote's list includes...

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Black Friday traffic takes down Sears.com

Last updated November 28, 2008 12:11 p.m. PTBlack Friday traffic takes down Sears.comTHE ASSOCIATED PRESSSEATTLE -- Sears.com was inaccessible to U.S. shoppers for two hours on Friday in what was the most notable Web hiccup of the holiday gift-buying season's official start.Other sites, including Amazon.com Inc., experienced minor slowdowns, according to Shawn White, director of external operations...

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Black Friday traffic takes down Sears.com

SEATTLE — Sears.com was inaccessible to U.S. shoppers for two hours on Friday in what was the most notable Web hiccup of the holiday gift-buying season's official start.Other sites, including Amazon.com Inc., experienced minor slowdowns, according to Shawn White, director of external operations at Keynote Systems Inc., a San Mateo, Calif.-based research group.Starting a week and a half...

+Vote!

Black Friday traffic takes down Sears.com

Black Friday traffic takes down Sears.comNov 28, 2008 3:11 PM (9 mins ago) AP 9 mins ago: Black Friday traffic takes down Sears.comThis story ranks Not rankedSEATTLE) - Sears.com was inaccessible to U.S. shoppers for two hours on Friday in what was the most notable Web hiccup of the holiday gift-buying season's official start.Other sites, including Amazon.com Inc., experienced minor slowdowns,...

2Vote!

Sears' Web site hit by slowdown

SEATTLE (AP) -- Sears.com was inaccessible to U.S. shoppers for two hours Friday in what was the most notable Web hiccup of the holiday gift-buying season's official start.Other sites, including Amazon.com Inc (, )., experienced minor slowdowns, according to Shawn White, director of external operations at Keynote Systems Inc., a San Mateo, Calif.-based research group.Starting a week and a half...

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The Biggest Turkeys of 2008

... but it did not survive the year in the index, and instead that honor goes to General Motors Inc. While big-name financials dominate the list of large-cap losers, the retailers are most prominent among the S&P Mid-Cap 400 Index. This year’s biggest turkey is Pacific Sunwear of California , which was down 91.3% on the year. The specialty retailer was beset with liquidity issues for most of...

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Beating the Recession - US Style!

... opened her store after a corporate career that included a long stint at auto parts maker Tenneco Inc. She attributes part of her success while retailers around the country suffer from a slowing economy to being “non-cyclical.” “When times are good people seek affirmation, when they are bad they seek motivation,” she said. Staring into the face of a possible recession as the holiday shopping...

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Small U.S. stores adopt personal touch to survive

... opened her store after a corporate career that included a long stint at auto parts maker Tenneco Inc. She attributes part of her success while retailers around the country suffer from a slowing economy to being "non-cyclical.""When times are good people seek affirmation, when they are bad they seek motivation," she said.Staring into the face of a possible recession as the holiday shopping...