Saks Inc. Takes Action: Retailer Fires Executives Following Internal Probe
Saks Inc. said it has completed the internal investigation of its markdown allowance scandal, and several executives were asked to leave the firm.
From This Issue
NEW HR CHIEF FOR PENNEY: In his first appointment since taking over the reins at J.C. Penney, chief executive Myron Ullman on Monday named Michael Theilmann as the retailer’s executive vice president, chief human resources and…
Shu Uemura Sets Up Shop in San Fran
SAN FRANCISCO — Shu Uemura waited 10 years to launch its second store in the U.S., which has been opened in the heart of San Francisco’s bustling Fillmore Street.
To celebrate, U.S….