About Saks Incorporated
Once one of the top US department store operators, Saks Incorporated has retrenched to focus on its luxury
Change in Company Type
In 2013, Saks was acquired by Canada's
Saks has about 40 stores in the US, five licensed stores in international locations, and saks.com. They also have superstores in about 70 US locations and two in Canada.
In 2014 Saks contributed about $651 million to its parent's sales. Saks Fifth Avenue stores grew sales by 2% and Off Fifth increased 15%. Saks Fifth Avenue stores saw the most growth in menswear and accessories while all categories contributed at Off Fifth.
Parent company Hudson's Bay plans to leverage its existing Canadian infrastructure and experience to spread the Saks name across the Great White North. The company says it will open seven Saks Fifth Avenue stores and 25 Off Fifth locations in the coming years, starting in 2016.
611 5th Ave
New York, NY 10022-6813
Phone: 1 (212) 753-4000
Employer Type: Privately Owned
Senior Director Client Development: Dawn Berman
Chief Marketing Officer: Mark Briggs
President: Marigay McKee
Employees (This Location): 900
Employees (All Locations): 13,900
New York, NY
Des Moines, IA
Las Vegas, NY
New York, NY