August 28, 2014 11:16 AM ET

Multiline Retail

Company Overview of Saks Incorporated

Company Overview

Saks Incorporated operates retail stores in the United States. The company’s retail stores offer an assortment of fashion apparel, shoes, accessories, jewelry, cosmetics, and gifts. It operates Saks Fifth Avenue stores that are primarily free-standing stores in premier shopping destinations or anchor stores in upscale regional malls. The company also operates Saks Fifth Avenue OFF 5TH stores, a luxury off-price retail store located in upscale mixed-use and off-price centers. As of January 27, 2014, it operated 41 Saks Fifth Avenue stores; and 72 Saks Fifth Avenue OFF 5TH stores. The company also sells its products online at saks.com or by catalog. The company was founded in 1919 and is headq...

12 East 49th Street

New York, NY 10017

United States

Founded in 1919

Phone:

212-940-5305

Key Executives for Saks Incorporated

Chief Executive Officer
Age: 48
Chief Executive Officer
Age: 75
President
Chief Financial Officer
Executive Vice President and President of Saks Fifth Avenue Off 5Th
Age: 48
Compensation as of Fiscal Year 2014.

Saks Incorporated Key Developments

Saks Fifth Avenue OFF 5TH Plans to Open a Store in Eagan, Minnesota

Saks Fifth Avenue OFF 5TH announced that it plans to open a store in Eagan, Minnesota on August 14, 2014. The new Saks Fifth Avenue OFF 5TH store will offer an exceptional assortment of designer brands at value prices. Developed by Simon Premium Outlets, Saks Fifth Avenue OFF 5TH is an anchor to the new 100-store outlet center. Shoppers will have easy accessibility to shop the approximately 27,060 sq. ft. store where they will find the season's most sought-after trends from designers such as Max Mara, Armani, Joie, Alice + Olivia, Hugo Boss, Vince, Bavana, and Stuart Weitzman.

Saks Fifth Avenue OFF 5TH to Open Store in Louisville, KY

Saks Fifth Avenue OFF 5TH announced that it plans to open a store in Louisville, Kentucky on July 31. Located at The Outlet Shoppes of the Bluegrass, the first and only designer outlet center in Kentucky, the new Saks Fifth Avenue OFF 5TH store will offer an exceptional assortment of designer brands at value prices. This will be the first Saks Fifth Avenue OFF 5TH store in Kentucky. Developed by Horizon Property Group, shoppers will have easy accessibility to shop the approximately 24,000 square-foot store featuring designer brands such as BCBG, Joie, Rag & Bone, YSL, Prada, and Jimmy Choo to name a few.

Saks Off Fifth to Open Store in New Eagan Outlet Mall and Close Store at 651 Nicollet Mall

As Saks Off Fifth prepares to open a store in the new Eagan outlet mall, its Nicollet Mall site in downtown Minneapolis is officially on its last legs. The outlet store, in the Gaviidae Common I building at 651 Nicollet Mall, will close January 2015.

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