Luxury seller Saks to spinoff website into separate company

The website will still carry the Saks name.
NEW YORK (AP) – Saks Fifth Avenue is spinning off its website into a separate company, with the hopes of expanding that business at a time when more people are shopping online.
Shoppers won’t notice the change.
Source: washington times

Summary automatically generated by NewSUM A.I. from the following sources:

About the author