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Saks Incorporated
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Reference: HBS-212060-E
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Year: Event Year Start:2009
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Number of pages: 20
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Geographic Setting: Geographic Setting:United States
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Publication Date: Jul 2, 2012
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Fecha de edición: Apr 12, 2013
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Source: HBSP (USA)
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Type of Document: Case
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Industry Setting: Industry Setting:Retail trade;Apparel accessories;Clothing stores;Art supply stores
Description
Saks Fifth Avenue, a luxury department store chain, has been hard hit by the 2008 financial crisis and stock market crash. Speculation about impending bankruptcy is rampant in the press. The CEO, Stephen Sadove, must decide how to respond.