| Saks Incorporated operates Saks Fifth Avenue (SFA), Off Fifth and Club Libby Lu (CLL). Previously, the Company also operated Saks Department Store Group (SDSG), which consisted of Proffitt's and McRae's (Proffitt's) (sold to Belk, Inc. (Belk) in July 2005), the Northern Department Store Group (NDSG) (operated under the nameplates of Bergner's, Boston Store, Carson Pirie Scott, Herberger's and Younkers, and sold to The Bon-Ton Stores, Inc. (Bon-Ton) in March 2006), and Parisian (sold to Belk in October 2006). SFA stores are principally freestanding stores in exclusive shopping destinations or anchor stores in upscale regional malls, and the stores typically offer an assortment of luxury apparel, shoes, accessories, jewelry, cosmetics and gifts. Customers may also purchase SFA products by catalog or online at saks.com. Off Fifth is intended to be the luxury off-price retailer in the United States. |
