TITLE

SAKS PROFITS RISE SHARPLY

AUTHOR(S)
Zaczkiewicz, Arthur
PUB. DATE
November 2007
SOURCE
WWD: Women's Wear Daily;11/21/2007, Vol. 194 Issue 110, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the increase in the profits of retailer Saks Inc. in the third quarter of 2007. During the quarter, profits more than tripled as sales soared 14.2 percent. Results were driven by an 11.4 percent same-store sales increase in the quarter. Management noted that its online business realized a 40 percent year-over-year gain.
ACCESSION #
27767661

 

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