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 GilmanJoin 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 Las Vegas.Jay-Z's involvement in a Times Square casino and its potential impact.A look at the history of Saks Fifth Avenue and its legacy as a luxury retailer.Featuring insights on:The importance of a dress code and maintaining an elevated, exclusive atmosphere.The challenges of mixing gambling with a luxury shopping experience.The potential for prostitution, drug use, and other negative behaviors in a casino setting.The hours of operation and how they will align with St. Patrick's and church services.Why Hudson Yards are opposed to the deal and want to build their own casinoPlus:A special segment on Purity Woods — USDA Certified Organic Skin Care ProductsPurity Woods has been so kind to offer my followers 10% by using this coupon code: "thedianegilman"or by using this link- https://puritywoods.com/thedianegilmanShop 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! 💪Subscribe for more inspiring content and join our community of individuals who are Too Young to Be Old!Connect with DianeYoutube: https://www.youtube.com/@thedianegilmanFacebook: https://www.facebook.com/TheDianeGilman/Instagram https://www.instagram.com/thedianegilman/?hl=enStay up-to-date on upcoming announcements by signing up for our mailing list at: www.TheDianeGilman.comYou can get a copy of my book on Amazon:www.amazon.com/Too-Young-Be-Old-Vibrant/dp/1637554532#SaksFifthAvenue #LuxuryRetail #Casinos #Gambling #Fashion #NewYorkCity #RetailApocalypse #PurityWoods #LuxuryShopping #TooYoungToBeOld