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165. From Shopping to Slots: Can a Casino Rescue Saks Fifth Avenue?
🎙️ Too Young to Be Old: Saks Fifth Avenue - From Luxury Shopping to Luxury Gambling? with Diane Gilman
Join Diane Gilman as she explores the potential transformation of Saks Fifth Avenue into a luxury casino and what it means for the future of high-end retail! 🌟
In this episode:
The crisis facing luxury department stores and the plummeting foot traffic.
Saks Fifth Avenue's radical solution: turning part of its flagship store into a casino.
The potential pros and cons of a luxury casino next to St. Patrick's Cathedral.
A comparison to the failed fate of Atlantic City and lessons learned from…
The skinny
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