Who owns Saks?

Hudson’s Bay Company
When You’re Stuck in the Middle of a Workplace Battle Two years ago, before the pandemic hit, Richard Baker, the chairman of Hudson’s Bay Company, which owns Saks as well as much of the real estate formerly associated with Lord & Taylor, had this sort of conversion in mind.

Is Saks still in business?

Since 2013, Saks Fifth Avenue has been owned by the Hudson’s Bay Company (HBC), along with HBC’s namesake Canadian department stores. Subsidiary Saks Off 5th, originally a clearance store for Saks Fifth Avenue, is now a large off-price retailer in its own right managed independently from Saks Fifth Avenue under HBC.

What is SaksWorks?

SaksWorks is a new membership club for life and work.

How is Saks different from other stores?

How is Saks Fifth Avenue different from other stores? Saks is different from its competitors by offering a better customer experience both on-line and in-store. The Saks’ brand is distinctive emulating luxury and exceptional customer service. Parent company is Hudson Bay Company (HBC) bought Saks in 2013.