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Saks Fifth Avenue
Saks Fifth Avenue (Colloquialism, colloquially Saks) is an American Luxury goods, luxury department store chain founded in 1867 by Andrew Saks. The first store opened in the F Street and 7th Street shopping districts, F Street shopping district of Washington, D.C., and expanded into Manhattan with its Herald Square store in 1902. Saks was bought by the Gimbels department store chain in 1923 and expanded nationwide during this ownership, and opened its Saks Fifth Avenue flagship store, flagship store on Fifth Avenue in 1924. Gimbels and Saks were acquired by Brown & Williamson in 1973, and transferred to sister company Batus Inc. in 1980. While Gimbels was liquidated in 1987, Saks was sold to Investcorp in 1990. Saks Off 5th was established as a Saks clearance store the same year, and has since evolved into an Off-price retailer, off-price store chain. Saks was acquired by Proffitt's, Inc. (renamed Saks, Inc.) in 1998. Saks, Inc. was acquired by the Hudson's Bay Company in 2013. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saks Fifth Avenue Flagship Store
The Saks Fifth Avenue flagship store is a department store on Fifth Avenue between 49th and 50th Streets in Midtown Manhattan, New York City. The original 10-story structure at 611 Fifth Avenue has served as the flagship store of Saks Fifth Avenue since its completion in 1924. The store also occupies part of 623Fifth Avenue, a 36-story tower completed in 1990. The original Saks Fifth Avenue Building was designed by Starrett & van Vleck in the classical style. It contains a facade made of Indiana limestone, brick, and cast-stone, with chamfered corners on Fifth Avenue at 49th and 50th Streets. Saks Fifth Avenue was the first department store on Fifth Avenue to comply with the 1916 Zoning Resolution, with setbacks on its upper floors. The tower addition at 623 Fifth Avenue was designed by Lee Harris Pomeroy Associates and Abramovitz Kingsland Schiff. The tower is partially designed in the style of the original structure. The Saks Fifth Avenue Building was planned in the earl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Off-price Retailer
Discount stores offer a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress for Less, Marshalls, TJ Maxx, and Burlington. Category killers So-called category killer stores, specialize in on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saks Off 5th
Saks OFF 5TH, formerly Saks Fifth Avenue Off 5th, is an American off-price department store chain founded in 1990, and a sister brand to the luxury department store chain Saks Fifth Avenue. Both chains were owned by holding company Saks, Inc., acquired by the Canadian-founded Hudson's Bay Company in 2013, and spun-off into Saks Global in 2024. Saks Off 5th grew throughout the United States before expanding into Canada in 2016. It competes with off-price department stores including Burlington, Macy's Backstage, Nordstrom Rack, Ross Dress for Less, and the TJX Companies. , Saks Off 5th operates 98 off-price department stores across 22 U.S. states: Arizona, California, Connecticut, Florida, Georgia, Hawaii, Illinois, Massachusetts, Maryland, Michigan, Minnesota, North Carolina, New Hampshire, New Jersey, Nevada, New York, Ohio, Oregon, Pennsylvania, South Carolina, Texas, and Virginia; Washington, D.C.; and 4 Canadian provinces: Alberta, British Columbia, Manitoba, and Ontario. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fifth Avenue
Fifth Avenue is a major thoroughfare in the borough (New York City), borough of Manhattan in New York City. The avenue runs south from 143rd Street (Manhattan), West 143rd Street in Harlem to Washington Square Park in Greenwich Village. The section in Midtown Manhattan is one of the most expensive List of shopping streets and districts by city, shopping streets in the world. Fifth Avenue carries Bidirectional traffic, two-way traffic between 135th Street (Manhattan), 143rd and 135th Streets, and one-way traffic southbound for the rest of its route. The entire avenue carried two-way traffic until 1966. From 124th Street (Manhattan), 124th to 120th Streets, Fifth Avenue is interrupted by Marcus Garvey Park, with southbound traffic diverted around the park via Mount Morris Park West and northbound to Madison Avenue. Most of the avenue has a bus lane, but no bike lane. Fifth Avenue is the traditional route for many celebratory parades in New York City and is closed to automobile tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Herald Square
Herald Square is a major commercial intersection in the Midtown Manhattan neighborhood of New York City, formed by the intersection of Broadway, Sixth Avenue (officially Avenue of the Americas), and 34th Street. Named for the now-defunct ''New York Herald'', a newspaper formerly headquartered there, it also gives its name to the surrounding area. The bow tie-shaped intersection consists of two named sections: Herald Square to the north (uptown) and Greeley Square to the south (downtown). Description Herald Square proper is the north end of the square between West 34th and 35th streets. The old ''New York Herald'' Building was located on the square. The square contains a huge mechanical clock whose mechanical structures were constructed in 1895 by the sculptor Antonin Jean Carles. The monument, known as the James Gordon Bennett Monument, consists of the Goddess of Wisdom, Minerva with her owls in front of a bell, flanked by two bell ringers mounted on a Milford pink granite p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manhattan
Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, largest, and average area per state and territory, smallest county by area in the U.S. state of New York (state), New York. Located almost entirely on Manhattan Island near the southern tip of the state, Manhattan constitutes the center of the Northeast megalopolis and the urban core of the New York metropolitan area. Manhattan serves as New York City's Economy of New York City, economic and Government of New York City, administrative center and has been described as the cultural, financial, Media in New York City, media, and show business, entertainment capital of the world. Present-day Manhattan was originally part of Lenape territory. European settlement began with the establishment of a trading post by Dutch colonization of the Americas, D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
F Street And 7th Street Shopping Districts
Parts of F Street and 7th Street, N.W. and nearby blocks have historically been the heart of the Washington, D.C. Downtown shopping district. In the first half of the 20th century there were numerous upscale large department stores along and near F Street, while 7th Street housed more economical emporia and large retail furniture stores. The F street corridor stretches west from Downtown's Penn Quarter and Gallery Place towards 15th Street, while the 7th Street corridor includes the neighborhoods of Penn Quarter, Chinatown and Mount Vernon Square, and extends up to the border of Shaw. History Center Market, the city's largest public market, opened in 1872, operating until 1931 on the site of today's National Archives Building. Its northern end faced Pennsylvania Avenue between 7th and 9th Streets. Transportation by Washington, D.C.'s streetcars, first horse-drawn, then electrified, notably the busy transfer point at F and 9th, helped solidify this area as D.C.'s most popular s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxury Goods
In economics, a luxury good (or upmarket good) is a good (economics), good for which demand (economics), demand increases more than what is proportional as income rises, so that expenditures on the good become a more significant proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with superior goods. Definition and etymology The word "luxury" derives from the Latin verb ''luxor'' meaning to overextend or strain. From this, the noun ''luxuria'' and verb ''luxurio'' developed, "indicating immoderate growth, swelling, ... in persons and animals, willful or unruly behavior, disregard for moral restraints, and licensciousness", and the term has had negative connotations for most of its long history. One definition in the OED is a "thing desirable but not necessary". A luxury good can be identified by comparing the demand for the good at one point in time agai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colloquialism
Colloquialism (also called ''colloquial language'', ''colloquial speech'', ''everyday language'', or ''general parlance'') is the linguistic style used for casual and informal communication. It is the most common form of speech in conversation among persons in friendship, familial, intimate, and other informal contexts. Colloquialism is characterized by the usage of figurative language, contractions, filler words, interjections, and other informalities such as slang. In contrast to formal and professional communications, colloquial speech does not adhere to grammar and syntax rules and thus may be considered inappropriate and impolite in situations and settings where etiquette is expected or required. It has a rapidly changing lexicon and can also be distinguished by its usage of formulations with incomplete logical and syntactic ordering. Definition Colloquialism is distinct from formal speech or formal writing.colloquial. (n.d.) Dictionary.com Unabridged (v 1.1). Ret ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
