Saks Fifth Avenue Raises $1.2 Million for Local Charities Through Nationwide Program
April 30 2012 - 9:00AM
Business Wire
Saks Fifth Avenue has announced that over $1.2 million in
charitable contributions has been awarded to 196 organizations
around the country, arising from its February Charity Program. In
February 2012, Saks gave 5% of all registered purchases made with a
registered Saks Fifth Avenue credit card back to charity. The
donations benefited a myriad of local organizations, keeping
support within each Saks Fifth Avenue store’s immediate
community.
“Saks Fifth Avenue is thrilled with the results from our first
month-long nationwide charitable program,” said Steve Sadove,
Chairman and CEO, Saks Incorporated. “Giving back on a local level
that touches so many communities, organizations and customers
across the country is exciting and something we aim to continue
moving forward.”
During the charity program, customers were able to select their
favorite local charity from Saks Fifth Avenue’s roster of
organizations to which they wished to allocate their 5%
contribution. Registration was one simple step at point of sale
that linked the customer account with their chosen charity.
With the success of the February Charity Program, Saks Fifth
Avenue is bringing its charitable initiatives under one banner for
the first time this spring. A new Saks Gives logo will recognize
Saks Fifth Avenue’s dedication to charity. Saks Gives will brand
the charitable service through philanthropic giving and active
outreach both locally and nationally.
About Saks Fifth Avenue
Saks Fifth Avenue, one of the world’s preeminent specialty
retailers, is renowned for its superlative American and
international designer collections, its expertly edited assortment
of handbags, shoes, jewelry, cosmetics and gifts, and the
first-rate fashion expertise and exemplary client service of its
Associates. Today, Saks operates 45 full-line stores in 21 states,
2 licensed stores in the Middle East and 2 licensed stores in
Mexico City, 61 Saks Fifth Avenue OFF 5TH stores and saks.com, the
company’s online store.
Saks Fifth Avenue is proud to be named a J.D. Power and
Associates 2012 Customer Service Champion and is only one of 50
U.S. companies so named.
Saks (NYSE:SKS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Saks (NYSE:SKS)
Historical Stock Chart
From Apr 2023 to Apr 2024
