53 Saks Fifth Avenue

NEW YORK-- (BUSINESS WIRE) -- Retailer Saks Incorporated (NYSE: SKS) (the “Company”) today announced that owned sales totaled $237.9 million for the five weeks ended July 3, 2010 compared to $230.2 million for the five weeks ended July 4, 2010, a 3.4% increase. Comparable store sales increased 2.5% for the month. On a quarter-to-date basis, for the two months ended July 3, 2010, owned sales totaled $415.4 million compared to $396.2 million for the two months ended July 4, 2009, a 4.9% increase. Comparable store sales increased 3.9% for the two months. On a year-to-date basis, for the five months