Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - SAKS INC | d8k.htm |
Exhibit 99.1
SAKS INCORPORATED ANNOUNCES FEBRUARY
COMPARABLE STORE SALES
| Contact: | Julia Bentley | |||
| (865) 981-6243 | ||||
| FOR IMMEDIATE RELEASE | www.saksincorporated.com |
New York, New York (March 3, 2011)—Retailer Saks Incorporated (NYSE: SKS) today announced that owned sales totaled $196.2 million for the four weeks ended February 26, 2011 compared to $171.7 million for the four weeks ended February 27, 2010, a 14.2% increase. Comparable store sales increased 15.3% for the month.
For February, the strongest categories at Saks Fifth Avenue stores included women’s apparel, men’s apparel, shoes, handbags, fashion jewelry, cosmetics, and fragrances. Saks Direct performed well during the month.
Saks Incorporated operates 47 Saks Fifth Avenue stores, 57 Saks OFF 5TH stores, and saks.com.
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