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Encyclopedia > Saks Incorporated

Saks Incorporated (NYSE: SKS) is an operator of department stores in the United States. The company is headquarted in Birmingham, Alabama. New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is the second largest stock exchange in the world. ... Birmingham is the largest city in the U.S. state of Alabama and the county seat of Jefferson County. ...


The company's flagship and namesake stores operate under the name of Saks Fifth Avenue. It also operates several outlet stores under the name of Saks Off 5th stores. A Saks Fifth Avenue store in Phipps Plaza, Atlanta. ...


The company also has almost 200 mid-level department stores, which it operates under the names of Parisian, Younkers, Herberger's, Carson Pirie Scott, Bergner's, Boston Store, and Club Libby Lu. A department store organizes its goods by departments, such as womens clothes, home furnishings, electronics, and the like. ... Parisian is also a moderate to upscale U.S. chain of department stores, based in Birmingham, Alabama. ... Exterior of the Younkers store at Jordan Creek Town Center in West Des Moines, Iowa Younkers is a department store chain in the Midwestern United States. ... Carson Pirie Scott & co. ... The Boston Store is a major, mid-line department store in Milwaukee, Wisconsin, established in 1900. ...


In 2005, Saks sold its Proffitt's and McRae's divisions were sold to Belk. 2005 is a common year starting on Saturday of the Gregorian calendar and is the current year. ... Proffitts is a department store chain based in Alcoa, TN. External link Proffitts Categories: Department stores of the United States | Retail corporation stubs ... McRaes is a department store chain based in Jackson, Mississippi. ... Belk, Charlotte, North Carolina, is the United Statess largest privately-held department store chain. ...


See also


  Results from FactBites:
 
Saks posts 4Q loss, plans special dividend - Boston.com (514 words)
Saks Inc. reported Wednesday a loss in its fiscal fourth quarter, reversing a year-earlier profit, weighed by charges related to the sale of some department stores and disappointing performance in its flagship luxury retail chain.
Operating income at Saks Fifth Avenue Enterprises, the luxury chain that is seen as Saks' crown jewel, slid $50.4 million to $7.6 million during the quarter, hurt by lost revenue from a New Orleans department store, store closings and legal expenses.
Saks' Chief Executive Officer Stephen Sadove called the quarter's results "unacceptable," and said he would be directly involved in the day-to-day operations going forward.
Saks Incorporated - Wikipedia, the free encyclopedia (549 words)
Saks Incorporated (NYSE: SKS) is a Fortune 500 operator of department stores in the United States.
By 2005, Saks Incorporated began to seek a narrower focus towards the luxury-oriented retail synonymous with its Saks Fifth Avenue stores.
On August 2, 2006, Saks Incorporated announced that it had agreed to sell its 38 Parisian stores, along with two regional distribution centers, to Belk, which will rebrand them under their own name in the third quarter of 2007.
  More results at FactBites »


 

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