Saks Fifth Avenue 2009 Annual Report Download - page 19
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Table of Contents
Store count activity for the year ended January 30, 2010 was as follows:
SFA
OFF
5TH Total
Store count as of January 31, 2009 53 51 104
New stores opened 0 4 4
Stores closed 0 0 0
Store count as of January 30, 2010 53 55 108
Additionally, two OFF 5TH stores were replaced during the year ended January 30, 2010.
Item 3. Legal Proceedings.
The Company is involved in legal proceedings arising from its normal business activities and has accruals for losses where appropriate. Management
believes that none of these legal proceedings will have a material adverse effect on the Company’s consolidated financial position, results of operations, or
liquidity.
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Source: SAKS INC, 10-K, March 18, 2010 Powered by Morningstar® Document Research℠