The stakes were high for the city's retailing industry, particularly major department stores such as Macy's and Saks, in a holiday season that has been marked by ups and downs as retailers aim for same-store sales increases of 4 to 6 percent.
Publicly traded retail specialty chains in the New York City area will feel a sting from the transit strike, but department store players such as Macy’s and Saks will likely suffer more, Wall Street analysts said.
The suit is finally making a comeback. Follow along on Snapchat to hear more about trends, experiences and what's next in online-offline innovation from industry leaders at the WWD Men's Wear Summit. #wwdfashion #wwdsummits (📷: @chddvs) Styled by @thealexbadia