Saks Fires 3 Executives Over Problems Found in Audit
Article Abstract:
Saks Inc. has fired senior executives Douglas E. Coltharp, Brian Martin and Brad R. Martin after an internal audit committee found irregularities in how the department store was dealing with vendor allowances. The internal investigation will effect the possible sale of Saks.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
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Stores and Vendors Take Their Haggling Over Payment to Court
Article Abstract:
There have been at least two dozen lawsuits between department stores and clothing suppliers over the last two years. The cases involve the practice of negotiated deductions for merchandise that did not sell, or had to be marked down.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
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