Touchdown for Saks

Saks Inc. (Birmingham, Ala.) has announced that it will open an 80,000-square-foot, bi-level Saks Fifth Avenue store in Raleigh, N.C., at Triangle Town Center, a 1.3 million-square-foot super-regional retail center developed by The Richard E. Jacobs Group of Cleveland. The center is scheduled to open in August, and the Saks Fifth Avenue is slated to open in fall 2004.

The Saks Fifth Avenue will offer exclusive designer ready-to-wear for women, fine jewelry, shoes, accessories, cosmetics and fragrances, and Saks Fifth Avenue's collections. Additionally, the store will offer an assortment of men's designer clothing, sportswear, formalwear and furnishings.

Christina Johnson, president and ceo of Saks Fifth Avenue, commented, “We are tremendously excited about opening our first Saks Fifth Avenue store in the state of North Carolina. This vibrant region of North Carolina represents a great opportunity for Saks Fifth Avenue, with its growing and highly desirable customer base.”

Saks Inc. operates Saks Fifth Avenue Enterprises, which consists of 61 Saks Fifth Avenue stores and 52 Saks Off 5th stores. The company also operates its Saks Department Store Group with 243 department stores under the names of Parisian, Proffitt's, McRae's, Younkers, Herberger's, Carson Pirie Scott, Bergner's and Boston Store.