By  on September 10, 2015

NEW YORK — Talk about a makeover. After 18 months of thinking and rethinking how to elevate the shopping experience, the Saks Fifth Avenue team has finalized a three-year, $250 million master plan for overhauling the Manhattan flagship — and they're ready to reveal what's in store.

The strategy represents a convention-breaker that is almost certain to shake up the industry — the beauty floor is moving from the ground level up to up to two, the main floor will convert to handbags and accessories; fine jewelry is moving down to a new concourse level, and a world of eveningwear and evening accessories will be created on nine. "We do not look at this as a renovation. This is a reinvention. A reimagination, and a redevelopment," Marc Metrick, president of Saks, said about the plans in an exclusive interview, where he was joined by Tracy Margolies, Saks' chief merchant, and Kerry Mader, senior vice president of store planning, design and construction at Hudson’s Bay Co., which owns Saks.

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