Saks Inc. (SKS) has hired Goldman Sachs Group Inc. (GS) to explore strategic alternatives, including a possible sale of the fashion retailer, the New York Post reported Tuesday, citing a person briefed on the situation.

Saks shares were recently up 18.9% to $16.25 in after-hours trading.

Full story at: www.nypost.com/p/news/business/saks_picks_sachs_for_possible_sale_Vwa5iDCHobUl63cAGDMFlL

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