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Corporate Profile for Saks Incorporated, dated Oct. 29, 1999.


3

--(BUSINESS WIRE)--

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   Oct. 29, 1999

Company Name:     Saks Incorporated

Address:          115 N. Calderwood Street
                  P.O. Box 9388
                  Alcoa, TN  37701

Main Telephone
 Number:          423/983-7000

Internet Home
 Page Address
  (URL)           www.saksincorporated.com

Chief Executive
 Officer:         R. Brad Martin

Chief Financial
 Officer:         Douglas Coltharp

Investor Relations
 Contact:         Julia Bentley
 Business number: 423/981-6243
 E-mail address:  (optional) julia_bentley@saksinc.com

Public Relations
 Contact:         Jennifer Mann
 Business number: 212/940-4259

Industry:         Retail

Trading Symbol/
 Exchange:        SKS/NYSE


Company description: Saks Incorporated Saks Incorporated (NYSE: SKS) is a Fortune 500 operator of department stores in the United States. While currently headquartered in Birmingham, Alabama, the company is in the process of moving to New York City. Saks Incorporated was formerly known as Proffitt's, Inc.  is one of the country's premier retail enterprises, operating over 350 stores in 38 states under the names of Saks Fifth Avenue Saks Fifth Avenue is a chain of upscale American department stores that is owned and operated by Saks Fifth Avenue Enterprises (SFAE), a subsidiary of Saks Incorporated. It competes in the elite luxury department store market with Neiman Marcus, Bergdorf Goodman and Barneys New , Proffitt's, McRae's, Younkers Younkers is a department store chain in the Midwestern United States. The chain concentrates on the middle and upper-class segments of the market. History
Beginnings
, Parisian, Herberger's, Carson Pirie Scott Carson Pirie Scott & Co., known informally as Carson's, is a chain of traditional department stores that have been in business for over 150 years. Their product price points are targeted to the moderate-to-upscale shopper. , Boston Store Boston Store is a major, mid-line department store in Milwaukee, Wisconsin, established in 1897 when Julian Simon opened his first store there. History
Federated and Maus Freres S.A.
, and Bergner's. The Company also operates two direct mail businesses, Folio (1) Text management software for the professional reference publishing market from Fast Search & Transfer, Oslo, Norway and Boston, MA (www.fastsearch.com). Known as FAST Folio since its acquisition in 2004 from NextPage, Inc.  and Bullock & Jones. The Company employs over 60,000 associates and generates annual revenues in excess of $6 billion.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 29, 1999
Words:186
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