
USA: Saks Confirms Illict Markdown Collections
US retailer Saks Inc has confirmed that one of its merchandising divisions engaged in improper collections of $32.4 million worth of vendor markdown allowances between 1996 and 2003.

US retailer Saks Inc has confirmed that one of its merchandising divisions engaged in improper collections of $32.4 million worth of vendor markdown allowances between 1996 and 2003.
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