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<p><b>Saks, Inc.</b> was an American <a href="page.php?w=holding_company">holding company</a> founded in 1998 through the merger of Proffitts, Inc. and Saks Fifth Avenue. Before acquisition by the Canadian-founded <a href="page.php?w=Hudson%27s_Bay_Company">Hudson's Bay Company</a> in 2013, it held ownership of numerous regional department store chains including <a href="page.php?w=Carson%27s">Carson's</a>, <a href="page.php?w=McRae%27s">McRae's</a>, <a href="page.php?w=Parisian_%28department_store%29">Parisian</a>, and <a href="page.php?w=Proffitt%27s">Proffitt's</a></p><p>
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