What went wrong at luxury retailer Saks?

What went wrong at luxury retailer Saks?

Danielle KayeBusiness reporter Getty Images Shoppers leave a Saks Fifth Avenue store on December 30, 2025 in Chicago, Illinois. On a recent January morning, tourists admired the rows of Balenciaga and Burberry handbags on display at Saks Fifth Avenue’s flagship midtown Manhattan location. But a conversation on the second floor hinted at financial troubles at […]

Most Americans say country is on the wrong track, blame Trump for inflation, disapprove of the president and say he is going too far to expand power of presidency

Most Americans say country is on the wrong track, blame Trump for inflation, disapprove of the president and say he is going too far to expand power of presidency

Two-thirds of Americans say that the country is “pretty seriously off on the wrong track,” while just under a third say the country is moving in the right direction, according to an ABC News/Washington Post/Ipsos poll conducted using Ipsos’ KnowledgePanel. Overall, Americans seem unhappy and anxious, with a slim majority saying the economy has gotten worse since […]