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Saks Incorporated sales down in Nov
02 Dec '05
3 min read
Categories with the best sales performances for SFAE in November were women's and men's contemporary sportswear, women's "gold range" apparel, and men's shoes.
Categories with the softest performances for SFAE in November were private brand, women's bridge apparel, evening dresses, and Salon Z (women's large sizes).
On a year-to-date basis, for the ten months ended November 26, 2005 compared to the ten months ended November 27, 2004, owned sales were:
Saks Incorporated operates Saks Fifth Avenue Enterprises (SFAE), which consists of 55 Saks Fifth Avenue stores, 50 Saks Off 5th stores, and saks.com.
The Company also operates its Saks Department Store Group (SDSG) with 40 Parisian stores; 142 Younkers, Herberger's, Carson Pirie Scott, Bergner's, and Boston Store stores (collectively known as the Northern Department Store Group or "NDSG"); and 58 Club Libby Lu specialty stores.
On October 31, 2005, the Company announced it had reached an agreement to sell NDSG to The Bon-Ton Stores Inc for $1.185 billion in a transaction expected to close early in the first fiscal quarter of 2006.
Categories with the softest performances for SFAE in November were private brand, women's bridge apparel, evening dresses, and Salon Z (women's large sizes).
On a year-to-date basis, for the ten months ended November 26, 2005 compared to the ten months ended November 27, 2004, owned sales were:
Saks Incorporated operates Saks Fifth Avenue Enterprises (SFAE), which consists of 55 Saks Fifth Avenue stores, 50 Saks Off 5th stores, and saks.com.
The Company also operates its Saks Department Store Group (SDSG) with 40 Parisian stores; 142 Younkers, Herberger's, Carson Pirie Scott, Bergner's, and Boston Store stores (collectively known as the Northern Department Store Group or "NDSG"); and 58 Club Libby Lu specialty stores.
On October 31, 2005, the Company announced it had reached an agreement to sell NDSG to The Bon-Ton Stores Inc for $1.185 billion in a transaction expected to close early in the first fiscal quarter of 2006.
Saks Incorporated
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