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Home > Company Index > Retail > Department Stores > Saks Incorporated
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Saks Incorporated |
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NEWS FROM THE WIRES |
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WRAPUP 1-Latam markets buoyed by Argentine loan deal Aug 22 2001 09:06 AM PDT
RESEARCH ALERT - Goldman lowers Saks EPS outlook Aug 22 2001 09:01 AM PDT
RESEARCH ALERT-ABN Amro cuts Saks EPS estimates Aug 22 2001 09:00 AM PDT
Saks second-quarter loss widens from year ago Aug 21 2001 01:16 PM PDT
WALL ST WEEK AHEAD-Fed meeting may leave stocks cold Aug 19 2001 12:12 PM PDT
> More WIRE STORIES about this company
NEWS FROM THE STANDARD |
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Looking Good
Feb 26 2001 12:00 AM PST
Showdown South of the Border
Feb 12 2001 12:00 AM PST
PROFILE |
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Few names in retailing sound sweeter than Proffitt's, but this company found one. Saks Incorporated, formerly Proffitt's, is a top US department store operator, with about 350 stores in about 40 states. Most of its stores are regional chains concentrated in the Southeast and Midwest. These chains include Parisian, Younkers, Carson Pirie Scott, McRae's, Proffitt's, Herberger's, Boston Store, and Bergner's. The company bought renowned luxury retailer Saks Holdings and adopted the high-dollar Saks name in 1998. Saks scrapped its plan to spin off Saks Fifth Avenue, Saks Direct (catalog and Internet operations), and Saks Off 5th as a separate public company, citing poor conditions in the luxury retail market.
COMPETITION |
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Dillard's, Inc. (DDS)
Federated Department Stores, Inc. (FD)
The May Department Stores Company (MAY)
TRACKERS |
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Jun. 07, 2001 - LAYOFF TRACKER
50 laid off
Description: Closinging its Folio catalog operation and integrating saks.com into its Saks Fifth Avenue stores organization.
> More LAYOFF NEWS
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: January
2001 Sales (mil.): 6,581.20
1-Yr. Sales Growth: 2.5%
Employees: 55,000
Revenue per employee: $119,658.18
KEY PEOPLE |
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R. Brad Martin
CEO
Douglas E. Coltharp
CFO
CONTACT INFO |
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750 Lakeshore Pkwy.
Birmingham, AL 35211
US
Phone: 205-940-4000
Fax: 205-940-4987
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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