By and and  on November 6, 2008

October was no treat for American retailers, especially at the high end.

If any more proof were needed that even luxury consumers are slamming their wallets shut in the economic downturn, last month’s comparable-store sales provided it as Neiman Marcus Inc., Saks Inc. and Nordstrom Inc. all reported double-digit declines.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus