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financial

June 27, 2012

Citi Downgrades Saks, Nordstrom and Macy’s

Analyst Deborah Weinswig sees weakness in high-end shopper.

By Evan Clark

with contributions from Alexandra Steigrad

financial/news

Summer’s just started, but retail might be cooling off, particularly in the rarefied world of luxe.

U.S. retailers started off the year on an upswing that was aided by a particularly...

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Latest Articles from Retail

Citi Downgrades Saks, Nordstrom and Macy’s

Analyst Deborah Weinswig sees weakness in high-end shopper.

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