What: Saks Global strengthens its executive team by recruiting talent from Bloomingdale’s for senior positions in store strategy and flagship management.

Why it is important: Recruiting experienced leaders from competitors supports Saks Global’s strategy to enhance customer experience and drive growth in flagship locations.

Saks Global has strategically appointed Matt Dunphy as senior vice president of store growth and experiences, and Christina DeGrezia as vice president and general manager of the Saks Fifth Avenue flagship in Manhattan, both reporting to Mary McGreevy. These leadership changes come as part of a broader transformation aimed at maximising the potential of Saks Fifth Avenue and Neiman Marcus stores, with a strong emphasis on innovation and customer-centric experiences. Dunphy and DeGrezia, both with significant experience at Bloomingdale’s, bring valuable external perspectives to Saks Global’s evolving executive team. Their roles are central to implementing the company’s “The Art of You” vision, which prioritises personalised service, data-driven strategies, and immersive in-store activations. The appointments also coincide with a recent management reorganisation designed to streamline operations and strengthen brand partnerships. By focusing on flagship store leadership and integrating talent from leading competitors, Saks Global is positioning itself to redefine luxury retail experiences and reinforce its brand identity in a rapidly changing market. 

IADS Notes: Saks Global’s recruitment of senior leaders from Bloomingdale’s and the creation of new executive roles reflect the company’s ongoing integration and transformation efforts following its merger with Neiman Marcus in December 2024 (“How Saks Global Aims to Shake Up Retailing,” WWD, December 2024; “Saks Global forms senior team, blending talent from Neiman Marcus and Saks,” WWD, January 2025; “Saks Global resets the buying team,” WWD, April 2025). These changes are part of a strategy to blend cross-brand expertise, drive innovation, and reinforce the importance of flagship stores as hubs for customer engagement and brand differentiation, as highlighted in “Why the global flagship still matters” (Inside Retail, August 2025).

Saks Global fills two key store roles