| has gloss | eng: Saks Incorporated , formerly known as Proffitts Inc., was founded in Birmingham, Alabama in 1999 and is a Fortune 1000 operator of high-end department stores in the United States. After going public in 1987, Proffits Inc. completed acquisitions of several department stores. The company was renamed to Saks Incorporated in 1998 after the acquisition of Saks Holdings, which brought the Saks Fifth Avenue and Saks Off 5th franchises, as well as Folio, a mail-order business and Saks.com, an online retailer. Saks Incorporated has its headquarters in Midtown Manhattan, New York City. |
