Talk:Saks Fifth Avenue
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Store list
The store list is not a dircetory, it shows geographic extension, representation in different cities, links to the relevant ahopping centers, shows when stores open and close and much more. do jot delete this unless there is aufficient discussion and consensus that for some reason it is not desired!Keizers (talk) 21:52, 11 December 2020 (UTC)
"Canadian-Founded"
According to the wikipedia article for the Hudson's Bay Company, Canadian ownership was brought back to the company in 2012, before Saks on Fifth was acquired by them. Unless the HBC was indeed not Canadian owned during the time of merger, I think that "Canadian-Founded Hudson's Bay Company" in the first paragraph should be replaced with "the Canadian Retailer Hudson's Bay Company" or something along those lines instead. Besides, the HBC was founded by the British centuries before Canada existed, so its incorrect anyway and should be changed. 2604:3D09:2078:E0:41AD:303A:D78C:D1A6 (talk) 05:10, 29 December 2022 (UTC)
Updates to the History and Introduction sections
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Hi, I work for Saks Fifth Avenue and have declared my COI. I would like to propose the following edits which will update the page and add clarifications where necessary, beginning with the History section.
- Under the subsection of "21st century," following the paragraph that begins with, "In 2021, Saks announced that it would close all 27 of its fur salons..." Please add the following:
- In March 2021, HBC and growth capital investor, Insight Partners, established Saks Fifth Avenue's ecommerce business as a stand-alone entity, known as "Saks." Insight Partners made a $500 million minority equity investment in Saks, valuing the business at $2 billion. The retailer's 39-store fleet[1] operates separately as an entity referred to as "SFA," which remains wholly owned by HBC. At the time of the separation, HBC named Marc Metrick, CEO of Saks, the ecommerce business. Metrick was previously president of Saks Fifth Avenue since 2015.[2]
- The following paragraph which begins "In 2022, Sansborn Group decided…" should be re-written for clarity. Please replace it with the following, keeping the same sources:
- In 2022, Sansborn Group decided to close the last remaining store in Santa Fe, Mexico and announced that Sears Mexico will replace the store, keeping the current staff.
- Directly after the above paragraph, please add the following new paragraph:
- In 2022, it was announced that the Saks Fifth Avenue store in Beverly Hills, located at 9600 Wilshire Blvd. since 1938, was moving from its historic building.[3][4] It will be replaced by a mixed-use complex. Saks Fifth Avenue will move to the former Barneys location. This multi-year renovation is expected to be completed by October 2023.[5][6]
- In order to have the introduction be consistent with the new status of the brand as updated above, please change the first sentence of the intro to the following:
- Saks Fifth Avenue (originally Saks & Company) is an American luxury brand associated with Saks, a luxury ecommerce platform, and SFA stores, a chain of high-end department stores in North America.[7] The headquarters is in New York City and it was founded by Andrew Saks. The first store opened in the F Street shopping district of Washington, D.C. in 1867. Saks expanded into Manhattan with its Herald Square store in 1902. It opened its flagship store on Fifth Avenue in 1924 and was renamed Saks Fifth Avenue. The chain was acquired by Tennessee-based Proffitt's, Inc. (renamed Saks, Inc.) in 1998, and Saks, Inc. was acquired by the Canadian-based Hudson's Bay Company (HBC) in 2013.
- To update, please add the following to the end of the first paragraph of the introduction:
- In March 2021, HBC separated Saks Fifth Avenue into two separate businesses: Saks (ecommerce) and SFA (retail stores).[8]
References
- ^ Moin, David (23 February 2023). "After a Run of Quarterly Gains, Saks Tempers Its 2023 Outlook". WWD.
- ^ Moin, David (5 March 2021). "Saks Fifth Avenue Stores and Website Split into Separate Companies". www.wwd.com.
- ^ Vincent, Roger (23 June 2022). "Beverly Hills' historic Saks Fifth Avenue complex set for development into offices and apartments". latimes.com.
- ^ Aushenker, Michael (4 July 2022). "Saks Fifth Avenue Overhaul Planned in Beverly Hills". labusinessjournal.com.
- ^ Moin, David (7 June 2023). "Saks CEO to Vendors: Luxury Sales Stay Soft". WWD.
- ^ "Historic Saks Fifth Avenue complex in Beverly Hills eyed for redevelopment". The Real Deal. 24 June 2022.
- ^ Moin, David (5 March 2021). "Saks Fifth Avenue Stores and Website Split into Separate Companies". www.wwd.com.
- ^ Moin, David (5 March 2021). "Saks Fifth Avenue Stores and Website Split into Separate Companies". www.wwd.com.
Thank you for your help! Maddie for Saks (talk) 14:18, 21 June 2023 (UTC)
Reply 1-JUL-2023
Below you will see where proposals from your request have been quoted with reviewer decisions and feedback inserted underneath, either accepting, declining or otherwise commenting upon your proposal(s). Please read the enclosed notes within the proposal review section below for information on each request. Spintendo 19:37, 1 July 2023 (UTC)
Edit request review 1-JUL-2023
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- Hi Spintendo. Thanks for implementing two of the five bullet points. I will try as best as I can to adhere to your suggestions to get the remaining bullet points implemented.
- Bullet point 1: I have re-written the paragraph. See if this comes close to what you asked for:
- In March 2021, HBC, together with the growth capital investor, Insight Partners, separated Saks Fifth Avenue into two independent businesses: Saks (ecommerce) and SFA (retail stores).[1] Insight Partners made a $500 million minority equity investment in Saks (ecommerce), valuing the business at $2 billion. The retailer's 39-store fleet known as SFA operates as a separate entity, and remains wholly owned by HBC. Marc Metrick, who had been president of Saks Fifth Avenue since 2015, was named CEO of Saks (ecommerce) at the time of the separation. [2]
- Bullet point 2: Approved
- Bullet point 3: You asked me to find the former location of Barneys, where the new Saks Fifth Avenue is moving to. The sources state that the former Barneys, which has been an empty building since Barneys vacated the premises in 2019, is part of the development project of four buildings at the same general location. I hope that is clear in the following paragraph:
- In 2022, it was announced that the Saks Fifth Avenue store in Beverly Hills, located at 9600 Wilshire Boulevard since 1938, was moving from its historic building.[3][4] That building and those adjacent will be replaced by a mixed-use complex composed of four buildings. Saks Fifth Avenue will move to the former Barneys building, which is also part of the new complex, at the southwestern corner of Wilshire Boulevard and South Camden Drive. [5][6] This multi-year renovation is expected to be completed by October 2023.[7][8]
- Bullet point 4: You commented that the "new status" has not been delineated outside of the proposed text, but it has, in two places. The first place is the new last line of the introduction that you just added, and the second place is in the History section as soon as the paragraph in Bullet point one is implemented.
- Bullet point 5: Implemented
References
- ^ Moin, David (5 March 2021). "Saks Fifth Avenue Stores and Website Split into Separate Companies". www.wwd.com.
- ^ Moin, David (23 February 2023). "After a Run of Quarterly Gains, Saks Tempers Its 2023 Outlook". WWD.
- ^ Vincent, Roger (23 June 2022). "Beverly Hills' historic Saks Fifth Avenue complex set for development into offices and apartments". latimes.com.
- ^ Aushenker, Michael (4 July 2022). "Saks Fifth Avenue Overhaul Planned in Beverly Hills". labusinessjournal.com.
- ^ Aushenker, Michael (4 July 2022). "Saks Fifth Avenue Overhaul Planned in Beverly Hills". LA Business Journal.
- ^ "Historic Saks Fifth Avenue complex in Beverly Hills eyed for redevelopment". The Real Deal. 24 June 2022.
- ^ Moin, David (7 June 2023). "Saks CEO to Vendors: Luxury Sales Stay Soft". WWD.
- ^ "Historic Saks Fifth Avenue complex in Beverly Hills eyed for redevelopment". The Real Deal. 24 June 2022.
Thank you so much for your thoughts and edits. Maddie for Saks (talk) 19:42, 3 July 2023 (UTC)
- @Maddie for Saks I've read through your reply but it's confusing because you use the terms "bullet point". "bullet point" is not a term that I've ever used, so it's difficult understanding what you're talking about when you say bullet point. I know what bullet points are, but they're not usually numbered, so when you're using the term numbered bullet points that's additionally confusing Please clarify. Spintendo 16:04, 10 July 2023 (UTC)
- I've read through the two proposed sections, and these seem fine, however, directions for where the text is to be placed is/are not with the current request. It seems that the first request had the directions for the text's emplacement but was missing (1) text which was grammatical and (2) text describing where the location of Barneys was. Now, we appear to have the grammatical paragraph and the location of barneys, but we're missing updated directions for the text's emplacement.[a] Ideally these should all be kept together and updated as needed. Please describe where these two paragraphs are to now be placed, and I will implement them. Thank you! Spintendo 01:30, 11 July 2023 (UTC)
Notes
- ^ Because not all the proposed text could be implemented during the last request, certain directions for emplacement from that request (e.g., "place this text immediately after the above text") are no longer instructive for this request.
- Hi Spintendo. I will try and include everything now to the best of my ability.
- Under the subsection of "21st century," following the paragraph that begins with, "In 2021, Saks announce that it would close all 27 of its fur salons…" Please add the following:
- In March 2021, HBC, together with the growth capital investor, Insight Partners, separated Saks Fifth Avenue into two independent businesses: Saks (ecommerce) and SFA (retail stores).[1] Insight Partners made a $500 million minority equity investment in Saks (ecommerce), valuing the business at $2 billion. The retailer's 39-store fleet known as SFA operates as a separate entity, and remains wholly owned by HBC. Marc Metrick, who had been president of Saks Fifth Avenue since 2015, was named CEO of Saks (ecommerce) at the time of the separation. [2]
- You asked me to find the former location of Barneys, where the new Saks Fifth Avenue is moving to. The sources state that the former Barneys, which has been an empty building since Barneys vacated the premises in 2019, is part of the development project of four buildings at the same general location. I hope that is clear in the following paragraph. Please add this paragraph directly after the last paragraph of the "21st century" section:
- In 2022, it was announced that the Saks Fifth Avenue store in Beverly Hills, located at 9600 Wilshire Boulevard since 1938, was moving from its historic building.[3][4] That building and those adjacent will be replaced by a mixed-use complex composed of four buildings. Saks Fifth Avenue will move to the former Barneys building, which is also part of the new complex, at the southwestern corner of Wilshire Boulevard and South Camden Drive. [5][6] This multi-year renovation is expected to be completed by October 2023.[7][8]
- In order to have the introduction be consistent with the new status of the brand as updated above, please change the first sentence of the introduction to the following sentences below. You commented that the "new status" has not been delineated outside of the proposed text, but it has, in two places. The first place is the new last line of the introduction that you added on 1 July, and the second place is in the new paragraph in the History section that begins with " In March 2021, HBC and growth capital investor…", that hopefully you will be adding now.
- Saks Fifth Avenue (originally Saks & Company) is an American luxury brand associated with Saks, a luxury ecommerce platform, and SFA stores, a chain of high-end department stores in North America.[9] The headquarters is in New York City and it was founded by Andrew Saks. The first store opened in the F Street shopping district of Washington, D.C. in 1867. Saks expanded into Manhattan with its Herald Square store in 1902. It opened its flagship store on Fifth Avenue in 1924 and was renamed Saks Fifth Avenue. The chain was acquired by Tennessee-based Proffitt's, Inc. (renamed Saks, Inc.) in 1998, and Saks, Inc. was acquired by the Canadian-based Hudson's Bay Company (HBC) in 2013.
- Hi Spintendo. I will try and include everything now to the best of my ability.
References
- ^ Moin, David (5 March 2021). "Saks Fifth Avenue Stores and Website Split into Separate Companies". www.wwd.com.
- ^ Moin, David (23 February 2023). "After a Run of Quarterly Gains, Saks Tempers Its 2023 Outlook". WWD.
- ^ Vincent, Roger (23 June 2022). "Beverly Hills' historic Saks Fifth Avenue complex set for development into offices and apartments". latimes.com.
- ^ Aushenker, Michael (4 July 2022). "Saks Fifth Avenue Overhaul Planned in Beverly Hills". labusinessjournal.com.
- ^ Aushenker, Michael (4 July 2022). "Saks Fifth Avenue Overhaul Planned in Beverly Hills". LA Business Journal.
- ^ "Historic Saks Fifth Avenue complex in Beverly Hills eyed for redevelopment". The Real Deal. 24 June 2022.
- ^ Moin, David (7 June 2023). "Saks CEO to Vendors: Luxury Sales Stay Soft". WWD.
- ^ "Historic Saks Fifth Avenue complex in Beverly Hills eyed for redevelopment". The Real Deal. 24 June 2022.
- ^ Moin, David (5 March 2021). "Saks Fifth Avenue Stores and Website Split into Separate Companies". www.wwd.com.
- Thanks again for all your help. Maddie for Saks (talk) 13:11, 12 July 2023 (UTC)
Done Please note that any text which used the word "will" or otherwise referred to future actions was not implemented, per WP:CRYSTALBALL. Excess citations in the added text were also trimmed per WP:OVERCITE (including the revised lead section which normally should not contain footnotes per WP:LEADCITE). Regards, Spintendo 06:14, 13 July 2023 (UTC)
- Hi Spintendo. Thanks again for all your help. Maddie for Saks (talk) 13:32, 17 July 2023 (UTC)
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