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August 30, 2015 8:25 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 Opens New Store in Aurora, Illinois

Saks Fifth Avenue OFF 5TH announced that it opened of its newest store at Chicago Premium Outlets at 1650 Premium Outlets Blvd. in Aurora, Illinois on August 26, 2015. This new 21,524 square foot store features an impressive selection of over 800 of brands and designer finds for both men and women, all at up to 70% off. This is the fifth Saks OFF 5TH store in the state of Illinois.

Saks Fifth Avenue OFF 5TH to Open in Austin, TX

Saks Fifth Avenue OFF 5TH announced plans to open a new store in the Spring of 2016 at Gateway Shopping Centers in Austin, Texas. The new 50,000 square foot store will be fashioned in an open, modular layout, and feature a unique and unparalleled selection of designer finds for both men and women. The new Saks Fifth Avenue OFF 5TH will reside in Gateway Shopping Centers at 9607 Research Blvd, Austin, TX 78759-5691.

Saks Fifth Avenue OFF 5TH Extends Metropolitan Presence with Opening of Latest Store in Beverly Hills, CA

Saks Fifth Avenue OFF 5TH announced the opening of a new, two-story location at Beverly Hills Connection, Los Angeles, CA on August 6th. Situated in the heart of Beverly Hills, this is the second OFF 5TH store to open in a core downtown location, and will cater to the style-savvy market with an expansive offering of designer fashion and accessories for men and women. The new store features more than 800 brands from emerging designer labels to some of the biggest names in fashion and, with new arrivals delivered weekly, residents and visitors will discover a haven of exciting luxury fashion at exceptional value every time they shop.

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