March 24, 2018 6:39 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. It operates 90 Off 5th stores; and 38 Saks Fifth Avenue stores. The company also sells its products online at or by catalog. The company was founded in 1919 and is headquartered in New York, New York. Saks Incor...

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: 52
President of Saks Fifth Avenue
Age: 43
Chief Marketing Officer & Executive VP
Senior Vice President and Treasurer
Compensation as of Fiscal Year 2017.

Saks Incorporated Key Developments

Saks Fifth Avenue Opens Recruitment Centre

Saks Fifth Avenue o opened the doors of its recruitment centre. The centre is currently accepting applications to fill approximately 120 full- and part-time career opportunities. Located at Suite 701 of the Chinook Centre professional tower, the centre is searching for exceptional individuals to represent the Saks brand as it expands into the Calgary area. Positions are available for selling managers and support managers, as well as sales and support staff in all departments, including men's and women's ready-to-wear, handbags, jewelry, shoes, cosmetics, personal shopping, merchandising, visual, alterations and asset protection. The recruitment centre is open for walk-ins and on-site interviews Mondays through Fridays.

Saks Fifth Ave.-Neiman Marcus Merger Talk Reportedly Hits A Roadblock

Neiman Marcus may soon find itself tangling with a lawsuit instead of a suitor. Merger talks between Neiman Marcus Group, Inc. and the owner of archrival Saks Fifth Avenue, which is Saks Incorporated have hit a roadblock as Neiman faces a possible lawsuit over a recent maneuver to shield three of its stores from creditors. Dallas-based Neiman — which said in March it is weighing a possible sale of the company amid a tanking luxury market — has been courted by Saks Fifth Avenue owner Hudson’s Bay Co., which has been exploring an unusual deal to buy the company without assuming Neiman’s $4.6 billion in debt. But talks between the two have reportedly stalled as Neiman’s term loan lenders and bondholders are weighing a suit over Neiman’s decision in March to move its stores in San Antonio and Longview, Texas, and in McLean, Va., into a subsidiary that protects them from creditors in the event of a bankruptcy

Saks Fifth Avenue OFF 5TH to Open 18th Store in California at Woodland Hills

Saks Fifth Avenue OFF 5TH announced the opening of its new store at the Woodland Hills Shopping Centre in Woodland Hills, California, on 4 August 2016. This new 30,000 square foot store is reportedly the company's 18th store in California. This new location will offer sought after fashion brands and one-of-a-kind designer finds, for men, women and kids. Also, new arrivals will be shipped to the store almost daily, providing customers with fresh merchandise every time they shop.

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Recent Private Companies Transactions

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