Saks Fifth Avenue Archives

Investors are urging retailers to spin off e-commerce operations from brick-and-mortar –– but should they?

Jack Daleo Monday, February 28, 2022

Should department stores spin off e-commerce from brick-and-mortar?

Should brands be more like Macy’s or Saks Fifth Avenue? The two companies are taking decidedly different approaches to e-commerce.

GXO opens e-commerce hub for Saks

Saks will leverage GXO’s logistics expertise to fulfill e-commerce orders from a new Pennsylvania fulfillment center.

As more retailers embrace omnichannel shopping, Saks OFF 5TH spins off e-commerce business

The parent company of Saks OFF 5TH, the discount designer retailer, will spin off its e-commerce business in a new entity with fresh funding from Insight Partners.