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8-K - CURRENT REPORT - SAKS INCd309910d8k.htm

Exhibit 99.1

 

LOGO

SAKS INCORPORATED ANNOUNCES FEBRUARY

COMPARABLE STORE SALES

 

   Contact:    Julia Bentley
      (865) 981-6243
FOR IMMEDIATE RELEASE       www.saksincorporated.com

New York, New York (March 1, 2012)—Retailer Saks Incorporated (NYSE: SKS) today announced that owned sales totaled $207.9 million for the four weeks ended February 25, 2012 compared to $196.2 million for the four weeks ended February 26, 2011, a 6.0% increase. Comparable store sales increased 6.6% for the month.

For February, the strongest categories included women’s contemporary and WEAR NOW apparel; handbags; and men’s accessories, shoes, furnishings, and contemporary apparel.

Saks Incorporated operates 46 Saks Fifth Avenue stores, 60 Saks OFF 5TH stores, and saks.com.

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