Saks (SKS) Comp Sales Down 16.3%
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Saks Incorporated (NYSE: SKS) announced that owned sales totaled $159.7 million for the four weeks ended August 1, 2009 compared to $187.7 million for the four weeks ended August 2, 2008, a 14.9% decrease. Comparable store sales decreased 16.3% for the month.
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