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March 8, 2021

Luxury seller Saks to spinoff website

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. The website will still carry the Saks name. And shoppers will still be able to buy online and pickup items at stores, as well as return online orders at there.


 
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