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Saks center to cut 191 jobs at distribution center in Aberdeen

Nearly 200 people will lose their jobs after the New Year at a Saks Inc. distribution center in Aberdeen, according to a notice filed Wednesday with the state Department of Labor, Licensing and Regulation.

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Retailers report tepid sales for June

NEW YORK — Retailers could be sweating it out this summer. Shoppers, worried about jobs and the economy, pulled back on spending in June, slowing sales for most retailers to the weakest pace since 2009. And that could leave merchants ...

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Holiday discounts crimp retailers’ profits

NEW YORK — Many retailers delivered solid sales gains for December, but heavy discounts needed to get shoppers to buy exacted a high price, clouding the holiday shopping season. Merchants had to mark down coats and other gifts to get ...

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Greater Baltimore Board of Realtors’ new executive VP, all about helping Realtors

This week, the Greater Baltimore Board of Realtors announced that Dwayne Carte was hired as the new executive vice president of the 3,400-member nonprofit. Carte, 47, is a Realtor and a national motivational speaker and business coach from Minneapolis. He ...

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Holiday window displays in NYC range from tech to traditional

NEW YORK — It’s a Christmastime tradition for shoppers, New Yorkers and tourists alike: Checking out store windows decorated for the holidays. Many of this year’s windows use high-tech displays to showcase traditional stories and symbols of the season. At ...

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High-end retailers giving away thousands of dollars

How desperate are high-end retailers? They’re so hungry for customers this holiday season, they’re willing to literally give away thousands of dollars to shoppers who buy something from their Web site. The promotion is called “Mystery Money” — those who ...

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