Episode Details

🎙️ 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:

1. The crisis facing luxury department stores and the plummeting foot traffic.
2. Saks Fifth Avenue's radical solution: turning part of its flagship store into a casino.
3. The potential pros and cons of a luxury casino next to St. Patrick's Cathedral.
4. A comparison to the failed fate of Atlantic City and lessons learned from Las Vegas.
5. Jay-Z's involvement in a Times Square casino and its potential impact.
6. A look at the history of Saks Fifth Avenue and its legacy as a luxury retailer.

Featuring insights on:

1. The importance of a dress code and maintaining an elevated, exclusive atmosphere.
2. The challenges of mixing gambling with a luxury shopping experience.
3. The potential for prostitution, drug use, and other negative behaviors in a casino setting.
4. The hours of operation and how they will align with St. Patrick's and church services.
5. Why Hudson Yards are opposed to the deal and want to build their own casino

Plus:

A special segment on Purity Woods — USDA Certified Organic Skin Care Products

Purity Woods has been so kind to offer my followers 10% by using this coupon code: "thedianegilman"

or by using this link- https://puritywoods.com/thedianegilman

Shop Diane's Favorites- Diane has opened her own Amazon Storefront, where all these fabulous finds are listed. Be sure to check it out and shop her curated collection. https://www.amazon.com/shop/dianegilm...

Don't miss this thought-provoking discussion on the evolution of luxury retail and whether gambling is the key to survival! 💪

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