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Press release from Business Wire

Saks Fifth Avenue Partners with the American Red Cross and Forms Local Charitable Partnerships Nationwide for a Second Year

Friday, February 01, 2013

Saks Fifth Avenue Partners with the American Red Cross and Forms Local Charitable Partnerships Nationwide for a Second Year08:00 EST Friday, February 01, 2013 NEW YORK (Business Wire) -- This February, Saks Fifth Avenue will give 5% of all registered purchases made with a Saks Fifth Avenue credit card back to charity with an initiative called Saks Loves Your Cause. The donations will benefit the American Red Cross and select local organizations, keeping support within each Saks Fifth Avenue store's immediate community. “Saks Fifth Avenue is committed to our local communities. We appreciate our customers' charitable involvement and look forward to giving back locally for a second year with this exciting and newly implemented national program,” Steve Sadove, Chairman and CEO, Saks Incorporated, said. Customers may select which local charity they wish to support from Saks Fifth Avenue's roster of charities. Registration is one simple step at point of sale linking the customer account with their chosen charity. Saks.com will also be supporting the program, with 5% of online purchases made using a registered Saks card to benefit the Red Cross. Saks Fifth Avenue OFF 5TH will be asking customers their charity preference at point of purchase. “We're delighted to be partnering with Saks for the Saks Loves Your Cause campaign, and grateful for their support of Red Cross work in communities across America,” said Neal Litvack, Chief Development Officer for the American Red Cross. “Because of the generosity of Saks and their customers, the Red Cross is able to be there when people need our help.” About Saks Fifth Avenue Saks Fifth Avenue, one of the world's preeminent specialty retailers, is renowned for its superlative American and international designer collections, its expertly edited assortment of handbags, shoes, jewelry, cosmetics and gifts, and the first-rate fashion expertise and exemplary client service of its Associates. Today, Saks operates 43 full-line stores in 20 states, 5 international licensed stores, 65 Saks Fifth Avenue OFF 5TH stores and saks.com, the company's online store. Saks Fifth Avenue is proud to be named a J.D. Power and Associates 2012 Customer Service Champion and is only one of 50 U.S. companies so named. About the American Red Cross: The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please visit redcross.org or join our blog at http://blog.redcross.org. Saks Fifth AvenueEleanor Banco, 212-451-3954eleanor_banco@s5a.com