What happened at Saks Fifth Avenue?
At 7:20 p.m. Oct. 6, it was reported that a woman in the parking lot of Saks Fifth Avenue at Beachwood Place mall, 26300 Cedar Road, threatened to stab two victims with a screwdriver while robbing them. The suspect took multiple shopping bags from the victims and ran. Police apprehended the suspect, 21, of Cleveland, in the mall lot.
Does Saks have a flagship store?
Although the focus is on the flagship, Saks is also bringing a taste of this new strategy to its branches, which DiGiacomo said the company “continues to elevate with more fashion” particularly in locations that have standalone men’s stores such as Boston and Greenwich, Connecticut, as well as strong men’s locations such as Chicago.
When will Saks open its sixth floor?
At the end of this year, Saks will start working on the sixth floor, which houses men’s luxury collections and accessories in addition to footwear. That is scheduled to be completed by the fall of 2023.
How much is Saks worth?
The 646,000-square-foot flagship accounts for about 20 percent of Saks’ total volume that four years ago was appraised at $3.7 billion. Saks or its parent Hudson’s Bay Co. no longer reveal sales.