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August 01, 2015 4:55 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 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

10,425 Employees



Key Executives for Saks Incorporated

Chief Executive Officer
Age: 49
Chief Executive Officer
Age: 76
Chief Financial Officer
President of Saks Fifth Avenue
Age: 41
President of Saks Direct
Age: 44
Compensation as of Fiscal Year 2015.

Saks Incorporated Key Developments

Saks Fifth Avenue OFF 5TH to Open New Store in Tampa, Florida

Saks Fifth Avenue OFF 5TH announced plans to open a new store at Tampa Premium Outlets, located at 2389 Grand Cypress Gulch Drive in Tampa, FL. The store opening coincides with the highly anticipated grand opening of Tampa Premium Outlets in October 2015. Delivering world-class fashion at real value, Saks Fifth Avenue OFF 5TH’s new 27,376 square feet shop will offer a compelling selection of designer fashion brands for both men and women. The new store will cater to the market with more than 800 brands, from emerging designer labels to some of the biggest names in fashion. With new arrivals shipped to the store weekly, customers will discover new and exciting merchandise, including one-of-a-kind designer finds every time they shop. The new Saks Fifth Avenue OFF 5TH will reside in Tampa Premium Outlets located at the intersection of Interstate 75 and State Road 56 in Wesley Chapel.

Saks Fifth Avenue OFF 5TH Spreads True Fashion at Real Value with Opening of Stamford Store

Saks Fifth Avenue OFF 5TH announced the grand opening of its newest store at Stamford Town Center in Connecticut on June 25, 2015. The new 56,259 sq. ft. store features an impressive selection of more than 800 of the most sought-after brands and, with new merchandise hitting the floor weekly, customers will discover fresh and exciting finds at up to 70% off, every time they shop.

Saks Fifth Avenue OFF 5TH Enters the Downtown Market with First Metropolitan Store Location in San Francisco

Saks Fifth Avenue OFF 5TH announced opening of its first metropolitan store at 901 Market Street, located in the heart of downtown San Francisco. The new 40,500 sq. ft. store features an impressive assortment of more than 800 brands from top designers to emerging labels, with fashion and accessories for women and men arriving weekly. The opening will take place May 28, 2015. To celebrate the opening, shoppers are invited to visit the store an hour prior to opening for a chance to win fabulous prizes.

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