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Boston Store still on market.
From:
The Milwaukee Journal Sentinel (Milwaukee, Wisconsin) (viaKnight-Ridder/Tribune Business News)
| Date:
October 18, 2005
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COPYRIGHT 2005 The Milwaukee Journal Sentinel. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Byline: Doris Hajewski
Oct. 18--Boston Store is still for sale, but Saks Inc. Chairman Brad Martin declined to disclose details on the status of the search for a buyer during a conference call with analysts Monday.
Saks, the Birmingham, Ala., parent to Boston Store and Younkers, reported second-quarter results Monday, after a long delay. The company held off on releasing its financial report while it was under investigation by its own audit committee into alleged improper demands for markdown money from vendors.
For the quarter, Saks reported net income of $8.2 ...
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