Saks (SKS) October Comps Down 16.6%
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Saks Incorporated (NYSE: SKS) October comparable store sales decreased 16.6%
Saks said owned sales totaled $219.0 million for the four weeks ended November 1, 2008 compared to $269.1 million for the four weeks ended November 3, 2007.
For October, the strongest businesses and categories at Saks Fifth Avenue were Saks Direct, men's shoes, men's contemporary apparel, fragrances, cosmetics, and women's outerwear. The weakest categories at Saks Fifth Avenue for October were women’s apparel, men's clothing, jewelry, and handbags.
Saks said owned sales totaled $219.0 million for the four weeks ended November 1, 2008 compared to $269.1 million for the four weeks ended November 3, 2007.
For October, the strongest businesses and categories at Saks Fifth Avenue were Saks Direct, men's shoes, men's contemporary apparel, fragrances, cosmetics, and women's outerwear. The weakest categories at Saks Fifth Avenue for October were women’s apparel, men's clothing, jewelry, and handbags.
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