Can Beauty Department Makeovers Keep Traditional Retailers Relevant?

by MR Magazine Staff

Saks Fifth Avenue’s beauty renovation — including an expanded space, spa services and 58 new brands — began as a downsizing. And according to Kate Oldham, senior vice president and general merchandising manager of Beauty, Jewelry and Home at Saks, it was Chief Merchant Tracy Margolies who was responsible. “She called me before she actually took the job and said ‘what new brands are you bringing in [as part of] the renovation?'” Oldham told Retail Dive in an interview. “And I said, ‘Tracy, I don’t have enough room to bring in new. I’m going to have to actually cut some.’ And then we started talking about: ‘what does that mean for the beauty category at Saks?'” Read more at Retail Dive.