Saks to revamp its revamp

US department store operator Saks Inc is reported to be spending US$150 million (£82.6 million) improving its landmark Saks Fifth Avenue store. The retailer spent about US$125 million (£68.9 million) on a refit last year, but according to the New York Times a new plan may involve ditching large parts of that revamp in favour of a 'more striking remodelling'.