Luxury retailer will require appointments beginning Aug. 28, with announcement following parent company’s agreement to buy Neiman Marcus
Saks Fifth Avenue would not say whether its shift to appointment-only shopping in San Francisco ’s Union Square is a consequence of its parent company purchasing rival Neiman Marcus, nor whether it will result in layoffs as has been reported.
The San Francisco Chronicle reported that in addition to switching to appointment-only shopping, a round of layoffs will accompany the shift. A spokesperson for Saks Fifth Avenue did not say whether there would be job cuts, nor did they say whether the decision stems from Saks Fifth Avenue parent Hudson’s Bay Company announcing it would purchase the owners of rival Neiman Marcus for $2.65 billion. Amazon held a minority stake as part of the deal.
Ex // Top Stories BART's new fare gates are finally being built in San Francisco Crews are already replacing old infrastructure at Civic Center Station, with four other stations in The City set to receive the gates later this year “We look forward to serving our San Francisco customers with this new experience,” the spokesperson said, noting the switch is “enabling associates to offer customers more refined services tailored to their preferences.”
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