BizJournals Portfolio
Nov 19 2008 10:21am EDT

Morning Hemlines: Saks, Woolworths, Project Runay, Consumer Prices

Saks has been hit hard by the economy--consumers are "in frozen mode, shell shocked," said C.E.O. Stephen Sadove. (WSJ)

Woolworths is in discussions to sell its 800-store retail chain to Hilco, which bought the MK One fashion chain earlier in the year. (FT)

October saw a record decline in consumer prices. (NY Times)

Project Runway is stuck in a legal mess. (NY Times)

(Marketwatch)


Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com

Come on, like us—you know you want to.

Follow us and if you're an innovative entrepreneur, we'll return the favor.

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow