The Company completed the sale of its SDSG Proffitt's/McRae's business to Belk Inc effective Midnight on July 2, 2005 and the sale of SDSG's NDSG business to The Bon-Ton Stores Inc effective Midnight on March 4, 2006. Total and comparable store sales above reflect revenues of Proffitt's/McRae's and NDSG through those dates. Effective March 5, 2006, SDSG consists of Parisian and Club Libby Lu.
Saks Incorporated currently operates Saks Fifth Avenue Enterprises (SFAE), which consists of 55 Saks Fifth Avenue stores, 50 Saks Off 5th stores, and saks.com. The Company also operates 38 Parisian stores and 57 Club Libby Lu specialty stores. In January 2006, the Company announced it is exploring strategic alternatives for Parisian.
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