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November 15, 2006

Saks' Same-Store Sales Continue To Climb

Saks Fifth Avenue says it’s well on its way to a turnaround, reporting a 9.2% gain in same-store sales for October. The chain posted an 11.1% jump in same-store sales for September and expects to keep gaining momentum.

Saks is competing against Neiman Marcus, Bergdorf Goodman and Nordstrom for upscale clientele, and plans to differentiate itself with a unique point of view.

Posted by Blacks on November 15, 2006 09:32 AM

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