Saks (SKS +5.3%) announces that it will be the latest retailer to step out of the practice of...

|About: Saks Incorporated (SKS)|By:, SA News Editor

Saks (SKS +5.3%) announces that it will be the latest retailer to step out of the practice of reporting monthly comparable store sales totals. While analysts fret over the lack of directional data to chew on in general, the uncertainty over trends at Saks pushes angst even higher than normal.