Although it’s hard to attribute a company’s corporate health to any single initiative, six months after Saks Fifth Avenue significantly revamped its SaksFirst loyalty program, the luxury department store seems to be on solid footing for two distinct reasons: SaksFirst: The program re-launched in January 2013, eliminating the $1,000 purchasing membership threshold. Customers who signed up for the rewards program earned 2% to 6% off initial purchases, including those made at the brand’s outlet....

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