Saks (SKS +2.8%) won't let a good recession go to waste. After standing in as the "poster child"...

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

Saks (SKS +2.8%) won't let a good recession go to waste. After standing in as the "poster child" for excess inventories during the 2008 slowdown, CEO Stephen Sadove says the retailer has learned its lesson and is staying lean. Barclays and Credit Suisse both weighed in with positive comments on management's tight approach.