What business is the Saks Fifth Avenue chain, named after its Manhattan NYC site?
Saks Fifth Avenue the company who owns the mall, filed a lawsuit against Saks for failing to provide an estimated reopening date and failing to restore damages after the hurricane., and while Nordstrom has a reopening date of November 9, 2018, the Saks store does not have an official opening date yet. Saks Fifth Avenue Saks Fifth Avenue is an American chain of luxury department stores owned by the oldest commercial corporation in North America, the Hudson's Bay Company. Its main flagship store is located on Fifth Avenue in Midtown Manhattan, New York City. Saks Fifth Avenue is the successor of a business
Saks Fifth Avenue Inc. Upon completing the acquisition, Proffitt's, Inc. changed its name to Saks, Inc. Since 2000 Saks has opened international locations in Saudi Arabia, United Arab Emirates, Bahrain, Kazakhstan, Canada, and Mexico City. In August 2007, the United States Postal Service began an experimental program selling the plus zip code extension to businesses. The first company to do so was Saks Fifth Avenue, which received the zip code of 10022-7463 ("SHOE") for the eighth-floor shoe department in its flagship Fifth Avenue store. During the 2007–2009 recession, Saks Fifth Avenue had to close some stores and to cut prices and profit margins,