Saks Incorporated announced that owned sales totaled $275.0 million for the five weeks ended Oct. 1, 2011 compared to $256.4 million for the five weeks ended October 2, 2010, a 7.3 percent increase. Comparable store sales increased 9.3 percent for the month.
For September, the strongest categories at Saks Fifth Avenue stores included women’s shoes; handbags; fashion jewelry; cosmetics; women’s contemporary apparel; and men's apparel, shoes, and accessories. Saks Direct performed well during the month.
On a quarter-to-date basis, for the two months ended Oct. 1, 2011, owned sales totaled $443.0 million compared to $415.7 million for the prior year two months ended Oct. 2, 2010, a 6.6 percent increase. Comparable store sales increased 8.0 percent for the two months.
On a year-to-date basis, for the eight months ended October 1, 2011, owned sales totaled $1,814.8 million compared to $1,655.9 million for the prior year eight months ended October 2, 2010, a 9.6 percent increase. Comparable store sales increased 11.5 percent for the eight months.
Saks Incorporated operates 46 Saks Fifth Avenue stores, 60 Saks OFF 5TH stores, and saks.com
