Less Sales at Saks?

by LauraJaneKyle on June 25, 2009 · 1 comment

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What: We’ve all been waiting to find out what luxury brands like Saks and Neiman Marcus do to weather the Recession storm. Seems they’ve come up with a solution: order less stuff. Yep, that’s right, uppity chains like these are planning to cut back on their inventory and generate more demand for it as a result. This means they won’t have to resort to huge sales to get shoppers into their stores.

What They Say:

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{ 1 comment… read it below or add one }

starrlily June 27, 2009 at 9:45 am

Im with you on this one…
I cant see buying from a store that isnt thinking about us as consumers. Yes, it does make sense, but cmon now, somethings gotta give.

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